Cheapest North Sea oil since 2009

 
Cheapest North Sea oil since 2009
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Oil prices continue to drop. Thursday night the price for a barrel of North Sea oil fell to $45.97 - the lowest rate in over eight years.

North Sea oil fell from $ 46.37 at 3 am on Friday to 45.97 two hours later.

However, in the morning hours the price increased somewhat, and the oil was traded at around $ 46 a barrel.

The last time prices were so low was in March 2009. Just a month ago North Sea oil was priced at $56.05 a barrel.

The US light crude rose by 34 cents during Thursday's trading in New York.

The price of $41.14 is slightly higher than the low point just over six years ago.

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