Oil prices fell back below USD 60 in Asian trade, their lowest level in six months, before regaining some ground as concerns over Iran’s nuclear programme continued to ease, the contract hit USD 59.95 dollars.At 10:57 am (0827 IST) New York’s main contract, light sweet crude for November delivery, was down 49 cents to 60.06 dollars a barrel from 60.55 dollars in late US trades Friday.
Brent North Sea crude for November was down 42 cents at USD 59.99.
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