The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Tuesday, April 16, 2013

Oil sells off again.

 For the first time in nine months, the price of a barrel of Brent crude oil fell below the $100 level in London trading earlier today. The number of investors holding net long positions now stands at a one-year low. Later this week, data on oil stockpiles in the U.S. could pressure the market even further.

No comments:

Post a Comment