Oil Fell 97 Cents on Concerns Over Rising U.S. Crude Supply

Bloomberg reported that oil fell 97 cents on concerns over rising U.S. crude supply.

As quoted in the market news:

Brent oil for May settlement fell 97 cents to $124.74 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract was at a premium of $16.98 to New York futures for the same month.

Click here to read the full Bloomberg report.