NEW YORK (AFP) – Oil prices fell to fresh six-year lows in New York trade Monday despite a warning from OPEC that prices could surge to $200 owing to a shrinking investment in exploration.But prices were volatile in a market skittish about the election of a new leftist, anti-austerity government in Greece and a rocket attack on the Ukraine city of Mariupol blamed on pro-Russia rebels.US benchmark West Texas Intermediate for March delivery lost 44 cents at $45.15 a barrel compared with Fridays close.In London, Brent North Sea crude for delivery in March slipped 63 cents to $48.16 a barrel.According …read more
Source: Dunya TV
