Brent falls as recent gains may be excessive

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Source: Bloomberg
The European benchmark Brent crude dropped on Monday trading session falling for the second straight day on speculation that the recent rally lasting since this February may have been too rapid after tension between Russian and Ukraine escalated. The Brent for settlement in June slipped 54 cents to a level of $108.99 per barrel on the London's ICE Futures Europe exchange.

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Mon, 21 Apr 2014 09:47:03 GMT

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