OIL PRICES EASE ON SURPLUS CONCERNS, DOLLAR STRENGTH
Oil prices fell on Monday due to worries about extra supply next year and a stronger U.S. dollar.
Brent crude dropped by 91 cents (1.25%) to $72.03 per barrel.
U.S. West Texas Intermediate (WTI) crude fell by 80 cents (1.15%) to $68.66 per barrel.
The market saw less activity because of the upcoming Christmas holiday.
Frank Elderson is an important member of the European Central Bank (ECB). He is worried about cutting interest rates too quickly. He thinks lowering rates fast could make it harder to control inflation in services. This could also slow down the economic recovery. Elderson believes careful decisions are needed to
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