USD 66.263

-0.52

EUR 73.4989

-0.48

BRENT 59.59

-0.72

AI-92 42.26

+0.01

AI-95 46.04

+0.02

AI-98 51.73

-0.01

Diesel 45.96

+0.01

8

US Crude Oil Futures Plunged

US crude oil futures tumbled on Monday

US crude oil futures tumbled on Monday on late liquidations ahead of front-month February contract's expiration at the end of the session.

February crude on the New York Mercantile Exchange was down $1.08 at $50.91 per barrel after dropping as low as $50.80.

The more actively traded NYMEX March crude contract was down $1.25 at $52.15, trading $US52.10 to $54.65.

In London, ICE March Brent crude fell back $1.06 or two per cent to $52.38 a barrel after trading from $52.18 to $54.60.