Friday, November 25, 2011

Oil prices fall on Europe's persistent debt problems, weaker US economic growth, fresh sanctions against Iran

Oil prices fell hover near US$96 on Europe's persistent debt problems, weaker economic growth in USA and fresh sanctions against Iran over its nuclear program.
Benchmark crude on the Nymex for Januarry delivery dipped to US$96 after rising to US$98 in New York on Tuesday.

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