Oil Prices Fell Nearly 2 Percent

The Associated Press reported that oil prices fell nearly 2 percent on concern over that Western nations may release of oil reserves.

As quoted in the market news:

Benchmark U.S. crude fell by $1.92 to end at $105.41 per barrel in New York while Brent crude lost $1.38 to finish at $124.16 per barrel in London.

Click here to read the full The Associated Press report.