Mon, 23 Jul 2012 16:18:29 GMT
Oil traded lower on Monday
Doubts about demand for oil are raised as the outlook for Eurozone's
future is getting cloudier, pushing oil prices lower. Crude oil for September
settlement dropped 3.9 per cent, to $88.28 per barrel, while the ICE dollar
index increased by 0.35 per cent to 83.908.
Moreover other oil related products, also declined on Monday. August
heating-oil tumbled 3.3 per cent, to $2.83 per gallon, gasoline