Brent Slips Toward Low For Year, Europe Fears

Published on Wednesday, 13 Jun 09:56 am

Brent crude inclined towards its lowest level so far this year on Tuesday, slipping below $97/B on concerns the euro zone debt crisis will worsen and hurt the global economy, threatening growth in oil demand. Brent slipped as low as $96.62/B, while US oil was down 90 cents at $81.80/B.

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