Showing posts with label eurozone debt. Show all posts
Showing posts with label eurozone debt. Show all posts

Monday, September 5, 2011

Oil prices fall on continuing global economy concerns

Oil prices have fallen on concerns that the US could fall back into recession, and continuing anxiety about eurozone debt levels.

With fears about a slowdown in China also hitting sentiment, US light crude had fallen $2.40 a barrel to $84.05.

Brent crude was also lower, dropping $1.66 to $110.67 per barrel.