Crude oil falls below $35 per barrel in NY for first time since 2009
Crude Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply. Futures fell 1.8 percent to $34.99 a barrel in New York, the lowest since Feb. 19, 2009.