Brent slides under $118 on eurozone fears

Tricky problem: Head-scratching issue of eurozone economic woes among issues prompting oil price slide

Oil fell on Monday on pressure from revived concerns about a slumping eurozone economy and political uncertainty in France and the Netherlands, even as worries about supply disruptions and tightening Western sanctions on Iran remained a focus.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login