SINGAPORE: Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day and hovering at their lowest since December, on expectations that a political dispute halting Libyan exports could be resolved and concerns over sluggish global demand.
Brent crude futures for November fell 43 cents, or 0.6%, to $73.32 by 0645 GMT, after the previous session's fall of 4.9%. U.S. West Texas Intermediate crude futures for October were down 49 cents, or 0.7%, at $69.85, after dropping 4.4% on Tuesday.
