Oil price falls on fear of Opec production

The price of a barrel of crude oil (Brent) drops to well below $ 80 a barrel on Friday after the highest level since the end of 2014 has been tapped in the past week.

The Brent prize fell another 0.8% to a $ 78.31 mark around 10 a.m. Earlier this month the price of black gold was still on the rise.