Friday, August 19, 2011

Mfarhanonline:Oil falls on renewed demand fears

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Mfarhanonline Business News SINGAPORE: Oil prices fell on Friday, extending the previous session”s plunge, on renewed fears of weak demand following a slew of lackluster data from the world”s top oil consumer, the United States…

Brent slipped to as low as $106…05, after breaking below the 200-day moving average to settle at $106…99… Prices dropped 89 cents to $106…10

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http://www.mfarhanonline.com/2011081930703/oil-falls-on-renewed-demand-fears/

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