Brent Crude Oil Futures for March Down 87 Cents

Reuters reported that Brent crude oil futures inched down after weak demand outlook from the International Energy Agency diminished IMF’s hope to resolve Eurozone’s debt crisis.

As quoted in the market news:

In London, ICE Brent crude for March delivery was down 87 cents at $110.68 a barrel by 2:35 p.m. EST (1935 GMT), after touching a session high of $112.20.

Click here to read the full Reuters report.