Joe Conlan on MSN News
"Prices have fallen dramatically over the last three days, shedding value in response to poor economic data from the US, with US companies just adding 88,000 jobs," said energy analyst Joe Conlan at British-based energy consultancy Inenco.
"This was far worse than economists had predicted. The falls may have been greater had it not been for news from the Bank of Japan that they were launching a massive injection of capital into the economy.
"Not even the threat of military action on the Korean peninsula has stopped the slide in the oil markets, with technical indicators pointing to a price around or just under $100 per barrel."