Tue, 20 Nov 2012 18:39:10 GMT
Crude dips on Eurozone debt worries, Mideast violence
On Tuesday, crude was traded lower, following a Moody's decision to lower French rating, amid continuing unrest in the Middle East. On the Comex, January delivery futures for light sweet crude were traded at $88.60 per barrel, which was a 0.75% fall during U.S. morning trading session. Earlier, the commodity lost 1.1%, hitting a level of $88.31.