LONDON (AFP) – World oil prices fell under 60 dollars per barrel on Tuesday, pressured by the strengthening US currency and weaker European equities, as traders awaited this week’s crucial OPEC output meeting.
New York’s main futures contract, light sweet crude for delivery in July, retreated 1.88 dollars to 59.79 dollars a barrel.
London’s Brent North Sea [...]

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 [...]

Oil prices fell further below $40 in Asian trade on Tuesday in a market plagued by weak energy demand, dealers said.
New York’s main futures contract, light sweet crude for delivery in February, shed 77 cents to $39.14 a barrel in morning trade after sliding $2.45 to close at $39.91 on the New York Mercantile Exchange [...]

Global recession fears sent oil prices to their lowest level for almost a year.
Light, sweet crude for November delivery traded on the New York Mercantile Exchange (Nymex) dipped as low as 86.05 US dollars a barrel amid fears the global credit crisis would weaken demand. That was the lowest price since October 23 last year.
Crude [...]

LONDON (AFP) — Crude oil prices slumped to eight month low points below 90 dollars a barrel on Monday as worsening financial turmoil triggered fears about slowing demand for energy, traders said.
Prices have slumped almost 40 percent in three months since they struck record highs of above 147 dollars in July.
Brent North Sea crude for [...]