Oil prices hit new lows, gold dips

Mon, Jan 05, 2015 - 5:50 AM

Oil prices extended their slide last week, kicking off the new year with 5½-year low points, as tepid eurozone demand offset a pick-up in the US economy.

PHOTO: REUTERS

London

OIL prices extended their slide last week, kicking off the new year with 5½-year low points, as tepid eurozone demand offset a pick-up in the US economy.

The dollar strengthened, hitting demand for commodities such as crude and metals priced in the US unit. Crude prices...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.