Bank Of Baku

Oil prices tumble

Oil prices tumble
# 24 July 2012 08:42 (UTC +04:00)
Baku - APA-Economics. The oil market fell sharply, turning away from worries about Iran and news of pipeline outages, on renewed concerns about the euro zone, Wall Street Journal reported.

Front-month oil futures settled fell 4.2% to settle at $88.14, while Brent crude futures traded down $3.54 at $103.29 a barrel.
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