Mon, 18 Jun 2012 14:05:04 GMT
Crude oil trims gains as Greek euphoria fades
On Monday, crude was advancing in the
European morning trading session, but it went off the highs, since
investors remained cautious about the ability of winning party to
form a coalition and increasing borrowing costs for Spain and Italy.
On the NYMEX, July delivery futures for crude were traded at USD84.41
per barrel, which was a loss of 0.4% during the morning session.