Oil slips more: Below $35 a barrel on U.S. market now

December 14, 2015 1:14 PM

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Futures for crude oil sold on U.S. markets oil sank to $34.74 a barrel in morning trading Monday, down 2.4%.

The prices for oil in the U.S. and for Brent crude, from the North Sea, are at six- and seven-year lows, respectively.

Also read: World Oil Supply Hits Year High, Boosted by U.S. Shale Surge

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