Brent Crude Slipped Below $115/B On Friday

Published on Friday, 17 Aug 12:58 pm

Brent crude slipped below $115/B on Friday, as supply worries eased on a possible release of US oil reserves. Brent has risen more than a third in less than two months from the year’s low of $88.49/B, as concerns grew over tensions in the Middle East (Reuters). Brent crude fell $1.13 to $114.14/B, while US crude slipped 50 cents to $95.10/B.

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