Monday, December 15, 2014

Oil hits new five-year low before rallying to $63

LONDON (Reuters) - Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to around $63.






from Reuters: Most Read Articles http://ift.tt/1GHtTHT http://www.reuters.com

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