Announcement

Wednesday, August 17, 2011

Arabian Business reported Brent drops below USD 110 on weak US data

Arabian Business reported that Brent crude futures edged down after rising nearly USD 2 per day earlier as soft US economic data renewed fears of weaker oil demand from the world's top oil consumer and a rebound in the dollar spurred selling. Brent crude for September fell 26 cents to USD More Info

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