Brent crude slides further testing $67.50

Since the last update here this morning on the fallout across the oil markets, the price of Brent crude for June delivery has fallen even more. The fall has just now extended to below $67.50 and it is hard to assess just how much further it might fall. Of course much depends on the path of the equity markets and as you can see, there is still no significant bounce there, especially across the European markets right now, as the DAX falls to fresh session lows approaching 21,200 a short while ago. Brent for June delivery is currently trading just off the lows, at $67.45. Brent is right now at $67.60