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    market news

    Brent Oil Falls on Euro Zone Debt Woes

    Investing News Network
    Nov. 25, 2011 12:18PM PST
    Oil and Gas Investing

    Reuters reported that European debt concerns hurt the price of brent oil.

    Reuters reported that European debt concerns hurt the price of brent oil.

    As quoted in the market news:

    ICE Brent January crude fell $1.38 to settle at $106.40 a barrel, after dipping under front-month Brent’s 300-day moving average of $105.98. Brent posted a 1 percent loss for the week.

    Click here to read the full Reuters report.

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