World oil prices fell on Monday

Craig James

CommSec

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
Craig James
Chief Economist
CommSec

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...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment