US oil prices hit lowest level since February 2009

GMT 21:37 2015 Monday ,07 December

Arab Today, arab today US oil prices hit lowest level since February 2009

US oil prices low
New York - Arab Today

US oil prices finished at their lowest level since February 2009 in New York trade Monday as markets continue to reel from OPEC's refusal last week to cut back production.

The January contract for West Texas Intermediate crude sank $2.32 to $37.65 a barrel on the New York Mercantile Exchange, a drop of 5.8 percent. 


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