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    market news

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

    Investing News Network
    Apr. 23, 2012 03:20PM PST
    Oil and Gas Investing

    Reuters reported that oil dropped 5 cents on concern 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.

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