oil falls on lingering european concerns
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Oil falls on lingering European concerns

Arab Today, arab today

Arab Today, arab today Oil falls on lingering European concerns

New York - Xinhua

Crude prices fell on Monday on lingering European debt concerns as investors thought the agreement reached at the EU summit was not enough to solve the problems. Light, sweet crude for January delivery dipped 1.64 dollars, or 1.78 percent to settle at 97.77 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude for January delivery also dropped and last traded around 107 dollars a barrel.  

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