London's Brent North Sea oil sank $2.94 to $58.62 per barrel at 10:35 GMT.
PTI
@moneycontrolcom
Brent oil prices sank under $60 on December 6 after Saudi Arabia made remarks that were deemed overly cautious by analysts ahead of OPEC's latest output decision.
London's Brent North Sea oil sank $2.94 to $58.62 per barrel at 1035 GMT, compared with December 5 close, after Saudi Arabia's oil minister Khalid al-Falih said OPEC was seeking a "sufficient" cut in output to prop up prices.First Published on Dec 6, 2018 05:24 pm