The Traderszone Network

Published in TZ Latest News 19 June, 2015 by The TZ Newswire Staff

Oil eases below $64, ample supplies and Greece weigh

Brent crude (LCOc1) for August had slipped 42 cents to $63.84 as of 0856 GMT, while U.S. crude for July (CLc1) was down 44 cents at $60.01. “Oil markets are not pricing much in terms of Greek risk but most of the European oil demand growth this year is coming from the southern countries,” said Olivier Jakob of Petromatrix in Zug, Switzerland.