Oil slumps to new low
Brent Crude fall to lowest level since 2004
The price of oil has dipped to its lowest level in more than a decade.
At one point on Monday morning a barrel of brent crude was at $36.18 - lower even than the slump of December 2008.
It's now rallied slightly, but there are deep concerns about the prospect of a North Sea recovery in the coming year.
The slump is being blamed on fears of oversupply in the global market.