oil retreats on correction pressure
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 retreats on correction pressure

Egypt Today, egypt today

Egypt Today, egypt today Oil retreats on correction pressure

New York - XINHUA

Crude prices retreated from four- month highs on Monday as correction pressure rose following recent gains. Light, sweet crude for March delivery lost 1.60 dollars, or 1. 64 percent to settle at 96.17 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery also slipped and last traded around 115 dollars a barrel.

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