Oil Falls on EU Rescue Deal Skepticism

Oil and Gas Investing

Reuters reported that oil prices dropped on concern over Europe’s plan to resolve its debt crisis.

Reuters reported that oil prices dropped on concern over Europe’s plan to resolve its debt crisis.

As quoted in the market news:

Brent and U.S. crude remained on track to post weekly gains, but Brent slipped more, dropping below its 100-day moving average.

Click here to read the full Reuters report

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