(VOVworld) – The price of crude oil continued to decrease on Monday while the US dollar increased.

An employee of Cosmo Energy Holdings' Cosmo Oil service station checks its nozzles at a branch in Tokyo, Japan, December 16, 2015. (Photo: Reuters)

Light sweet crude oil futures plunged 0.78 dollar or 2.4 percent to trade at 32.28 USD a barrel at the New York-based commodity exchange NYMEX. Brent crude oil futures plunged 0.93 dollar or 2.8 percent to trade at 32.62 USD a barrel at NYMEX, lowest level since 2004.