MARKET WATCH: Brent crude oil hovers under $29/bbl

The March contract for Brent crude oil on London’s ICE exchange dropped 39¢ to settle at $28.55/bbl on Jan. 18 after having dipped to a trading session low of $27.67/bbl. Analysts said the day’s low was Brent’s lowest price in nearly 13 years.

Source: News