Oil prices fell nearly 2% to 49 dollars per barrel on Monday, against the backdrop of growing U.S. currency and increasing concerns about global economic recovery. U.S. President Obama, speaking at the weekend said the economy remains under pressure. Oil prices fell by 88 cents to 49.45 dollars a barrel, after declining earlier to 1.03 dollars. Oil brand Brent cheaper by 73 cents to 52.62 dollars per barrel. «Basically, the decline is due to increase in the dollar. Also, increased reluctance to take risks among investors after the comments at the weekend that the U.S. is still faced with the risk », - said Michael Kvek analyst Informa Global Markets. Euro touched a monthly minimum of three weeks against the dollar and the yen on Monday after soft Trichet's comments. Investors were too optimistic last 2 weeks, and now they have fixed returns.
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