Brent Slips Towards $111/B As Growth Worries Persist

Published on Thursday, 04 Oct 12:35 pm

Brent crude futures slipped towards $111/B on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe’s festering debt crisis added to uncertainty . However, simmering tensions in the Middle East kept losses in check, with investors increasingly convinced that tensions over Iran will drag on (Reuters). Brent November crude futures had fallen 39 cents to $111.14/B, while US November crude futures shed 21 cents to settle $91.70/B

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