Oil falls below $93 after North Korean leader dies

Mohammad Rezaie changes the gas prices at his Union 76 gas station in Oakland, Calif., Friday, Nov. 11, 2011. The price of oil is flirting with $100 per barrel for the first time since the summer, as fears fade that Europe's debt crisis will spread and trigger another recession. (AP Photo/Paul Sakuma)
December 18, 2011 10:06:13 PM PST
Oil slipped below $93 a barrel Monday in Asia as crude followed the region's stock markets lower after North Korea announced the death of leader Kim Jong Il.

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