oil drops below 100 in london
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Oil drops below $100 in London

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Arab Today, arab today Oil drops below $100 in London

London - AFP

Crude oil prices dropped below $100 a barrel in London and hit a one-year low in New York on Tuesday over heightened eurozone crisis concerns that have sent European stocks plunging. Brent North Sea crude for November delivery was trading $99.89 at 1140 GMT, its lowest level since August 9. New York's main contract, light sweet crude for delivery in November, fell to $75.45 a barrel, its lowest level since September 2010.  

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