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Brent oil price sinks under $60 on Saudi comments

twitter-logo PTI        Last Updated: December 6, 2018  | 16:53 IST

London, Dec 6 (AFP) Brent oil prices sank under $60 on Thursday after Saudi Arabia made remarks that were deemed overly cautious by analysts ahead of OPEC's latest output decision. London's Brent North Sea oil sank $2.94 to $58.62 per barrel at 1035 GMT, compared with Wednesday's close, after Saudi Arabia's oil minister Khalid al-Falih said OPEC was seeking a "sufficient" cut in output to prop up prices. (AFP) AMS AMS

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