Oil in decline, in tune with the stock markets
(New York) Oil prices fell again on Monday, driven by the correction hitting the stock markets, combined with a stronger dollar.
Posted at 11:55 a.m.
Updated at 3:40 p.m.
The barrel of Brent from the North Sea for delivery in March, the most traded in London, lost 1.84% to end at 86.27 dollars.
In New York, a barrel of West Texas Intermediate (WTI), also due in March, fell 2.14% and closed at 83.31 dollars.
"We are clearly in a context of risk aversion, already present in recent days and which weighs heavily today," explained Jo...