The Traderszone Network

Published in TZ Latest News 1 October, 2014 by The TZ Newswire Staff

Brent Crude Oil Falls To Lowest In 27 Months

Brent crude dropped to the lowest level in more than two years after Saudi Arabia cut its November official selling prices to all areas. West Texas intermediate crude slipped to a 17-month low. Both grades retreated after the Saudi Arabian Oil Co. trimmed its benchmark Arab Light prices to customers in Asia, Europe and the U.S. WTI rose as much as 2% earlier as the U.S.

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