Brent crude oil is down more than $2 a barrel this morning to a new five-year low.
January LCOc1 overnight fell $2.22 to $66.85 a barrel- its lowest since October 2009.
U.S. crude CLc1 was down $1.60 at $64.24 a barrel, after hitting a session low of $64.14. The U.S. contract, also known as West Texas Intermediate, touched $63.72 last week, its lowest since July 2009.
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