Brent Crude Oil Rises to $103.88

- December 16th, 2011

Reuters Africa reported that oil prices rose to $103.88 due to a weaker dollar and concerns over U.S.
sanctions against Iran.

Reuters Africa reported that oil prices rose to $103.88 due to a weaker dollar and concerns over U.S.
sanctions against Iran.

As quoted in the market news:

Brent crude, which rolled over to February as the prompt month, was up 28 cents to $103.88 a barrel by 1453 GMT. U.S. crude rose 13 cents to $94 a barrel, after falling $1.08 to settle at $93.87 on Thursday.

Click here to read the full Reuters Africa report.

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