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Oil Declined 1.8 Percent After EU’s Iran Oil Embargo Delayed for 6 Months
Jan. 12, 2012 05:56PM PST
Energy InvestingBloomberg reported oil declined 1.8 percent as European Union decided to delay Iranian oil imports embargo by six months.
Bloomberg reported oil declined 1.8 percent as European Union decided to delay Iranian oil imports embargo by six months.
As quoted in the market news:
Crude for February delivery tumbled $1.77 to settle at $99.10 a barrel on the New York Mercantile Exchange.
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| Commodities | |||
|---|---|---|---|
| Gold | 2344.53 | +0.88 | |
| Silver | 27.94 | +0.01 | |
| Copper | 4.32 | +0.06 | |
| Oil | 85.45 | -0.14 | |
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| Natural Gas | 1.77 | +0.01 | |
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