Brent slides further towards $77

In the past few minutes oil prices have just dived again. The price of Brent crude for December delivery was already under pressure this morning and it has just now hit fresh session lows approaching $77 per barrel. There is no specific news to attribute to the further fall and it looks like more of the same, as mentioned here earlier today- a lack any fresh detrimental geopolitical news to entice a further supply led rally and the continued doubts over the chances of a sustained Chinese economic rebound. Brent has just now hit a session low around $77.05. It is currently trading at $77.25