Oil Dropped 24 Cents to $84.80 a Barrel

Bloomberg reported that oil dropped 24 cents to $84.80 a barrel due to decrease in stockpiles.

As quoted in the market news:

Oil for July delivery was at $84.80 a barrel, down 24 cents, in electronic trading on the New York Mercantile Exchange at 8:50 a.m. London time.

Click here to read the full Bloomberg report.