ForexFutures786

December 19. Crude Oil January contract fell to $ 33.44 in New York Mercantile Exchange on the last day of the contract. The Organization of Petroleum Exporting Countries, which pumps 40 percent of the world’s oil, agreed on Dec. 17 to cut output by 2.46 million barrels a day starting on Jan. 1. Still, prices have slumped 37 percent this month and are headed for the second biggest decline in more than five years.