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Oil prices sink to lowest in a year as stock markets fall

Updated : December 21, 2018 05:59 AM IST

Brent earlier hit a session low of $54.64 a barrel, the weakest since mid-September 2017, while WTI sank to $45.82, near its lowest since late August 2017.
Equities dropped worldwide after the Federal Reserve raised US rates and maintained most of its guidance for additional hikes over the next two years, dashing investor hopes for a more dovish policy outlook.
Oil prices sink to lowest in a year as stock markets fall
Published : December 20, 2018 11:01 PM IST

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