i Develop Stocks Advisory

Oil sinks below $100... Oil sank below 100 dollars for the first time in five months in London on Tuesday after OPEC signaled it would keep its current production ceiling, despite declining prices and slowing global economic growth. Brent North Sea crude for delivery in October dropped as low as 99.04 dollars before closing at 100.34 dollars a barrel in London, a decline of 3.10 dollars. It was the first time since April 2 that Brent had fallen below the psychological 100-dollar barrier. New York's main contract, light sweet crude for October, plunged 3.08 dollars to settle at 103.26 dollars a barrel.