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Brent oil price sinks under $60 on Saudi comments

AFP  |  London 

Brent prices sank under $60 on Thursday after made remarks that were deemed overly cautious by analysts ahead of OPEC's latest output decision.

London's sank $2.94 to $58.62 per barrel at 1035 GMT, compared with Wednesday's close, after Saudi Arabia's minister said was seeking a "sufficient" cut in output to prop up prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 06 2018. 16:45 IST