HONG KONG: Crude prices slipped on Monday to multi-year lows owing to a build-up in supplies while the dollar rallied in response to a strong US jobs report, as analysts warned of further losses.
US benchmark West Texas Intermediate for November delivery was down 18 cents at $89.56. On Friday it closed below $90 for the first time since April 2013. Brent North Sea crude eased 40 cents to $91.91, a two-year low.
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