Brent oil price near $60 a barrel
Oh, those crazy oil prices. Somebody's making money.
Brent oil price are nearing $60 a barrel as prices are sharply down from the record reached in July. The price of Brent crude fell to its lowest level in more than 20 months amid concerns about the US economy, before later edging back up.
Brent crude fell as low as $58.38 a barrel before rising back up to $61.10 a barrel by late morning in London. US sweet crude oil traded at $64.86 per barrel, having dipped as low as $62.25.
Brent oil price are nearing $60 a barrel as prices are sharply down from the record reached in July. The price of Brent crude fell to its lowest level in more than 20 months amid concerns about the US economy, before later edging back up.
Brent crude fell as low as $58.38 a barrel before rising back up to $61.10 a barrel by late morning in London. US sweet crude oil traded at $64.86 per barrel, having dipped as low as $62.25.
Labels: commodities, oil
posted by B Harrison at
10:45 AM
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