Dubai – Mubasher: Global oil prices fell on Friday to continue their negative performance at a stronger pace since the OPEC meeting during which the cartel members failed to reach an agreement on output ceiling.
Crude price declined by 1.34% or $0.47 to reach $34.50 per barrel, which is the lowest level since 2003.
Brent also dropped by 0.62% or $0.23 to reach $36.84.