Oil down on talks of oil reserves

Note: This section contains information in English only.
Source: Marketwatch

Crude oil futures traded lower as the White House reported possible announcement of oil reserves in order to ease prices.  Oil futures for September settlement dropped by 0.2%, to $95.42, after rallying 1.4% on Thursday.  The crude was also pressured by a stronger U.S. Dollar, as the ICE Dollar Index jumped 0.42% on Friday.

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Mon, 20 Aug 2012 07:10:16 GMT

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