Oil prices suffer fresh fall

Oil prices today slid to 42 US dollars a barrel – the lowest level since January 2005 – after further grim news on the US economy.

Oil prices suffer fresh fall
Fri, 05 Dec, 2008 - 16:30

Oil prices today slid to 42 US dollars a barrel – the lowest level since January 2005 – after further grim news on the US economy.

With US unemployment data revealing 533,000 people lost their jobs in November, the figures were seen as another blow to demand expectations.

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