Brent crude oil extended a slide on Monday Dec 21,2015 to its lowest level in more than 11 years
Global crude prices have crashed nearly 70 per cent from their peak of $115 per barrel in June 2014
Brent fell 2 % to a low of $36.06 a barrel, its lowest since July 2004. It has lost a fifth of its value in the last month and a third since early October 2015
Global crude prices have crashed nearly 70 per cent from their peak of $115 per barrel in June 2014
Brent fell 2 % to a low of $36.06 a barrel, its lowest since July 2004. It has lost a fifth of its value in the last month and a third since early October 2015
At the Multi Commodity Exchange, crude oil for delivery in February 2016 fell Rs. 15 or 0.60 per cent to Rs. 2,493 per barrel in 139 lots.
The oil for January 2016 delivery fell Rs. 10 or 0.42 per cent, to Rs. 2,392 per barrel in a volume of 1,196 lots.
Brent crude for February was down 33 cents to $35.55 per barrel
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