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Brent crude drops below $70 for first time in 4 yrs, ruble in new historic plunge
Friday, November 28, 2014 15:02
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Brent crude oil slumped to below $70 on Friday, its lowest level since 2010. The news came after OPEC decided not to cut oil production.
The price of the crude oil dipped 3.7 percent on Friday and fell to $69.94 per barrel, according to auction results. The cost of January futures fell by 4.47 percent, to $66.07 per barrel.
In turn, the ruble hit new lows against the dollar, going down to $50.01 on Friday night at the close of the Moscow Stock Exchange …. http://rt.com/business
Source: http://luismmx.blogspot.com/2014/11/brent-crude-drops-below-70-for-first.html
