Brent Crude Oil Falls Below $100 on Recession Fears
- Brent crude slipped below $110 on Wednesday as recession fears, partly rekindled by stalled Greek debt talks, weighed on the outlook for demand, while threats by to respond to European sanctions by shutting a vital trade route supported prices. The failure of debt talks in Greece to reach a deal continued to dominate sentiment despite positive economic news from on Wednesday and from the United States late on Tuesday. fell 16 cents to $109.87 a barrel at 5:12 a.m. ET. U.S. crude was down 70 cents at $98.25 a barrel, after settling below ...
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