Brent falls as hedge funds pare long positions

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Source: Bloomberg
The European benchmark Brent crude declined on Tuesday as hedge fund managers reduced bullish bets on the commodity, according to the data published by the ICE Futures exchange, the second weekly cut of net long positions. Brent for March delivery fell 7 cents to $106.28 per barrel on the London's ICE Futures Europe exchange.

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Tue, 21 Jan 2014 08:45:42 GMT

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