Home Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share
 

Keywords :   


Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share

2014-12-09 13:37:26| Oil & Gas - Topix.net

Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to the weakest intraday price since September 2009.

Tags: share market oil fight

Category:Energy and Environment

Latest from this category

All news

24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
24.11NU: EYE
24.11
Energy and Environment »
24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
24.11NU: EYE
24.11
More »