Brent crude falls to lowest level in a week

Source: Bloomberg
© Scanpix/Associated Press

Brent crude retreated to a one-week low, narrowing its price WTI to the least in approximately five months. Brent for April delivery declined 71 cents to $108.81 a barrel on the ICE Futures Europe exchange, the lowest level since February 18. WTI for April settlement slipped 40 cents to $102.19 a barrel on the New York Mercantile Exchange.

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