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CNN Money reports that Brent oil, Europe’s benchmark, plunged 1.2% to $107.27 a barrel, after reports of Moammar Gadhafi’s regime on the brink of defeat.
CNN Money reports that Brent oil, Europe’s benchmark, plunged 1.2% to $107.27 a barrel, after reports of Moammar Gadhafi’s regime on the brink of defeat.
The market news is quoted as saying:
The decline in Brent may eventually translate into lower U.S. crude prices, but for now those prices are up 2% at $83.46 a barrel.
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| Commodities | |||
|---|---|---|---|
| Gold | 2344.53 | +0.88 | |
| Silver | 27.94 | +0.01 | |
| Copper | 4.32 | +0.06 | |
| Oil | 85.45 | -0.14 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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