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Nymex crude price drifts below $60/bl

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Press Trust of India London
 Updated at 1100 hrs: Oil prices went from steady to slightly firmer in Asian trade today, with the market assessing OPEC's comments on the possibility of further production cuts next month, dealers said.

New York's main contract, light sweet crude for December delivery, was unchanged at $60.02 compared with late US deals.

Brent north sea crude for December was up 9 cents to $59.84.

 

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First Published: Nov 07 2006 | 7:45 PM IST

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