oil steady near multimonth lows
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Oil Steady Near Multi-Month Lows

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Emiratesvoice, emirates voice Oil Steady Near Multi-Month Lows

Oil prices were little changed on Monday near multi-month lows
Tokyo - QNA

Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last month and as the US rig count rose again. 
London Brent crude for January delivery LCOc1 was trading up 4 cents at $44.79 a barrel by 0630 GMT, after settling down $1.09 on Friday. The benchmark on Friday hit its lowest since August 11 at $44.19. 
NYMEX crude for December delivery CLc1 was down 4 cents at $43.37 a barrel. The contract closed down $1.25 on Friday after dropping as low as $43.03, its weakest since September 20.

 

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oil steady near multimonth lows oil steady near multimonth lows

 



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