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Oil falls below US$35 in New York for first time since 2009

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Oil fell below US$35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation Opec (Organization of the Petroleum Exporting Countries) members will exacerbate the global oversupply.

London

OIL fell below US$35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation Opec (Organization of the Petroleum Exporting Countries) members will exacerbate the global oversupply.

Futures fell as much

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