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12-07-2015, 10:50 AM
GLOBAL MARKETS-Oil slump to near 7-year low weighs on U.S. shares
[Reuters - UK Focus] - NEW YORK, Dec (Shanghai: 600875.SS - news) 7 (Reuters) - Oil prices skidded to their lowest level in nearly seven years on Monday on continued concerns about oversupply, with losses in major oil shares dragging down U.S. indexes, while European stocks benefited from a weaker euro. Brent crude was last down $1.52, or 3.53 percent, at $41.48 a barrel, while U.S. crude was last down $1.70, or 4.25 percent, at $38.27 per barrel. A weaker euro helped boost European shares, which rose from three-week lows hit last week when the European Central Bank disappointed investors with its latest stimulus package.
GLOBAL MARKETS-Oil slump to near 7-year low weighs on U.S. shares - Yahoo Finance UK (http://us.rd.yahoo.com/finance/news/rss/story/*http://uk.finance.yahoo.com/news/global-markets-oil-slump-near-164000959.html)
[Reuters - UK Focus] - NEW YORK, Dec (Shanghai: 600875.SS - news) 7 (Reuters) - Oil prices skidded to their lowest level in nearly seven years on Monday on continued concerns about oversupply, with losses in major oil shares dragging down U.S. indexes, while European stocks benefited from a weaker euro. Brent crude was last down $1.52, or 3.53 percent, at $41.48 a barrel, while U.S. crude was last down $1.70, or 4.25 percent, at $38.27 per barrel. A weaker euro helped boost European shares, which rose from three-week lows hit last week when the European Central Bank disappointed investors with its latest stimulus package.
GLOBAL MARKETS-Oil slump to near 7-year low weighs on U.S. shares - Yahoo Finance UK (http://us.rd.yahoo.com/finance/news/rss/story/*http://uk.finance.yahoo.com/news/global-markets-oil-slump-near-164000959.html)