Brent
rose to $71 a barrel yesterday, recovering some of its losses from the previous
session as a turbulent market searched for a price floor after a nearly 40
percent fall since June. Oil has seen choppy trade since the Organisation of
the Petroleum Exporting Countries (OPEC) said last week it would not lower
output despite an oversupplied market.
Brent
hit a five-year low below $68 a barrel on Monday after averaging around
