<ul><li>The international oil prices partially recovered after plunging over 4% to decline to slip below $63 a barrel on Monday.</li><li>At 7:20 pm (09:50 am EST) on Monday, global crude benchmark Brent was trading 1.52% lower at $64.58 a barrel.</li><li>The US West Texas Intermediate (WTI), the American oil benchmark, was trading 1.5% lower at $60.97 per barrel.</li><li>Saudi Arabia's significant cut in its flagship oil price is the reason behind the recent decline in oil prices.</li></ul>

Oil Prices: Brent Partially Recovers From Day's Lows, Heads Towards $65 Per Barrel

Discover more