Agence France-PresseDecember 9, 2013 13:20
Brent oil prices slumped on Monday following news of weaker German industrial output, while New York crude futures held steady.
New York's main contract, West Texas Intermediate (WTI) for delivery in January, edged up eight cents to $97.73 a barrel.
Brent North Sea crude for January, the European benchmark, slid $1.78 to stand at $109.83 a barrel in late London trade.
"Brent has slipped below the $110 level as profit-taking from last week's rally coupled with weakening European demand has weighed on prices," said David Madden, market analyst at IG traders.