LONDON (AFP) — Oil prices dropped some two dollars on Monday on concerns that a deepening global economic downturn could spark a slump in demand for energy, analysts said.
The market was also weighed down by news of a possible resolution to the ongoing Russia-Ukraine gas supply crisis, they added.
Traders also tracked developments in the Middle [...]

NEW YORK: World oil prices skidded on Wednesday on recession fears that swept markets after massive government interventions to kick-start frozen credit flows in the global financial crisis.
New York’s main contract, light sweet crude for November, slid 4.09 dollars to close at 74.54 dollars.
In London, Brent North Sea crude futures plunged below 70 dollars in [...]