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One News Page » Category » Africa » Friday, 20 November 2009 » Oil prices wobble on recovery concerns

Information / Related NewsOpen Full Story in New WindowOil prices wobble on recovery concerns

Reported by France 24 on Friday, 20 November 2009 (on November 20, 2009)
France 24
Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery.New York's main contract, light sweet crude for December delivery, dropped 74 cents to end the week at 76.72 dollars after slumping by more than two dollars on Thursday.London's Brent North Sea crude for January delivery lost 44 cents to 77.20 dollars.Traders said oil investors tracked the global stock and foreign exchange markets as they weighed prospects for next week.

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