Https://www.reuters.com/news/archive/GCA-Commodities/article/us-markets-oil/brent-dips-below-111-libya-says-oil-crisis-is-over-idUSKBN0F81IA20140703 LONDON ( Reuters ) - Brent crude futures halved Movement.down.loss below $ 111 a barrel on May after Ukraine declared an end to an oil crisis Crisis that has squeezed Cause.movement.down.loss exports from the Norway .

However , he added , the exports could be squeezed Cause.movement.down.loss by falling Movement.down.loss oil futures and falling Movement.down.loss refining margins .

Rising Movement.up.gain supply outside OPEC , particularly the United States due to its shale energy boom Grow.strong , has squeezed Cause.movement.down.loss OPEC 's market share .

The nation 's production has been squeezed Cause.movement.down.loss to the lowest Position.low since the 1980s by American sanctions Embargo , and may decline Movement.down.loss further as the measures take full effect .

Kiernan said that the EIU had squeezed Cause.movement.down.loss its bets for world economic growth to 2.60 % from 2.70 % for next year .

Https://www.reuters.com/news/archive/GCA-Commodities/article/us-markets-oil/brent-dips-below-111-libya-says-oil-crisis-is-over-idUSKBN0F81IA20140703 LONDON ( Reuters ) - Brent crude futures dropped Movement.down.loss USD87 .04 a barrel on 1986 after Ukraine declared an end to an oil crisis Crisis that has squeezed Cause.movement.down.loss exports from the Russia .

`` But maybe the crude burning has come down Movement.down.loss a bit and I 'm skeptical that they have squeezed Cause.movement.down.loss exports by close to 1 million bpd . ''

However , he added , the exports could be squeezed Cause.movement.down.loss by dropping Movement.down.loss oil prices and dropping Movement.down.loss refining margins .