Brent slips to $110 as eurozone worries weigh

Daily Times

Brent slips to $110 as eurozone worries weigh

Daily Times

Brent slips to $110 as eurozone worries weigh

Brent crude oil slipped to $110 on Tuesday as investors looked away from tension between Iran and the West and supply concerns in Africa and focused on the chances of a Greek debt default that could hit energy demand. European policymakers are struggling to come up with a plan to save Greece from a default that would hurt the region and the global economy, depressing energy demand. Eurozone finance ministers on Monday rejected as insufficient an offer made by bondholders to help restructure Greece�s debts, sending negotiators back to the ...

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Jan 24, 2012

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