Oil on the Nymex inched up to US$86.4, while Brent crude for December delivery slipped to US$110.1 on the ICE Futures Exchange in London. Oil prices hovered above US$86 after comments from Germany thhat downplayed a possible plan that could help control Europe's debt crisis.
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Wednesday, October 19, 2011
Oil prices linger above US$86 on doubts about Europe debt plan
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