Oil prices continu downhill on Monday, after reaching a 16 month low on Friday despite Opec's decision to cut production targets by 1.5m b/d from the start of November.
At London's ICE, the Brent crude contract for December delivery was last seen down USD 1.14 at USD 60.91/bbl.In the previous trading session, the front month WTI contract in New York changed hands at USD 64.15/bbl, down USD 3.69 from Thursday, while the Brent contract settled down USD 3.87 on the previous close at USD 62.05/bbl. Both contracts weakened approximately 11 per cent duri
Montag, 27.10.2008, 08:08 Uhr
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