Oil Dropped 5 Cents Over Eurozone’s Economic and Political Uncertainty

Reuters reported that oil dropped 5 cents on concern over Eurozone’s economic and political uncertainty.

As quoted in the market news:

Brent June crude slipped 5 cents to settle at $118.71 a barrel, having fallen to $117.21 intraday but finding support ahead of a test of 100-day-moving-average support at $116.55.

Click here to read the full Reuters report.