WSJ:OIL FUTURES:Crude Weaker On Euro-Zone Debt Fears, China Warning
LONDON (Dow Jones)--Crude oil futures are weaker Monday as ongoing euro-zone debt worries pressure prices amid China's warning of a grim global economic outlook.
At 0930 GMT, the front-month January contract on the New York Mercantile Exchange was trading down $1.59, or 1.6%, at $96.08 a barrel. The front-month January Brent contract on London's ICE futures exchange was down 68 cents, or 0.6%, at $106.88 a barrel.
Next support for oil futures is seen at $94.65 on Nymex, $106.10 a barrel on Brent, says London Capital Group.