SM:Economic worries causes oil prices to fall further
StockMarketWire.com - Increasing concerns about the world's economic prospects has caused a further fall in oil prices.
These include the gloomy prospects for recovery in the U.S. following the news on Friday that no new jobs were added last month. This also caused sharp falls in stock markets and this has continued in London today.
US light crude has fallen $1.50 a barrel to $84.95 and Brent crude dropped $1.80 to $110.53 per barrel.