Oil price drops to less than USD 50

For the first time since January, North Sea oil slipped to less than USD 50 per barrel. Further declines can be on the way.
Photo: COSL
Photo: COSL
BY OLE ANDERSEN

The price of a barrel of North Sea oil slid below the USD 50 threshold on Monday night, to USD 49.90, to be exact, while Brent oil dropped to USD 49.61.

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