oil falls to 18month low as stockpiles rise
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Oil falls to 18-month low as stockpiles rise

Egypt Today, egypt today

Egypt Today, egypt today Oil falls to 18-month low as stockpiles rise

London - Arabstoday

World oil prices tumbled more than 3% yesterday to their lowest in a year and a half, as data showed US crude inventories unexpectedly swelled and investors were disappointed at measures the Federal Reserve announced to aid the economy. Brent crude for August delivery closed at $92.69 a barrel, slumping $3.07 and marking the lowest settlement for front month Brent since December 17, 2010.

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oil falls to 18month low as stockpiles rise oil falls to 18month low as stockpiles rise



 
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