World oil prices fell on Monday

World oil prices fell on Monday. The US dollar rose, making more expensive for buyers in Europe. And investors watched developments with the US refinery strike - the biggest in 35 years. The Nigerian oil minister has suggested that there could be an emergency meeting of OPEC oil ministers. Brent crude fell by US$1.32 or 2.2% to US$58.90 a barrel while US Nymex crude fell by US$1.36 or 2.7% to US$49.45 a barrel.

Craig James
Chief Economist

I am married with three children (all in their 20s) and currently live in Huntleys Cove in the inner west of Sydney. Chief interest is athletics and trying to keeping up with the children.My current role is Chief Economist, Commonwealth...


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