March Brent crude fell 37 cents to US$48.42 a barrel by 0226 GMT, wiping out light gains made on Friday after the election in Greece saw the opposition party Syriza sweeping to power, adding uncertainty to the market - AFP Photo.
SINGAPORE: Oil slid in early Asian trade on Monday, with US crude falling close to a six-year low, after Greece's election results heightened uncertainty in the euro zone and depressed the bloc's currency against the dollar.
Greece's left-wing Syriza appeared on course to trounce the ruling conservatives in Sunday's snap election, setting up a possible confrontation with international creditors.
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