BFF-22 Brent oil falls below $60 for first time in four months

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OIL-MARKET-PRICE

Brent oil falls below $60 for first time in four months

LONDON, June 5, 2019 (BSS/AFP) – The price of a barrel of Brent crude oil fell below $60 a barrel on Wednesday for the first time in four months, weighed down by abundant US crude inventories.

The delivery price for a barrel of Brent crude slipped $2.24 to trade at $59.73 at 1545 GMT.

BSS/AFP/MMA/2226HRS