Brent drops below $100 a barrel amid curbed demand

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Source: Bloomberg

Brent crude declined below a level of $100 a barrel for the first time in nine months amid weaker demand curbed by the signs of slower global economic growth, while West Texas Intermediate dropped to a 4-month low on speculation about rising U.S. supplies. June Brent futures slipped $2.63 to $99.55 on London's ICE and WTI for delivery in May fell $2.65 to $86.06 on the NYMEX.


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Tue, 16 Apr 2013 07:55:05 GMT

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