Crude oil sinks on fresh Greece worries

Source: Forexpros
Crude oil futures decreased amid escalated concerns over the Greek bailout as experts claim 130 billion Euros will not be enough to rescue the country. Moreover, expected increase in the US crude oil stockpiles added pressure to the energy commodity price. Light, sweet crude oil contract for April delivery traded at 105.88 US Dollars per barrel, on the New York Mercantile Exchange, losing 0.35%.


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Wed, 22 Feb 2012 09:27:36 GMT

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