Oil hovers around US$99 on fluctuations in US dollar, concerns about global crude demand
23-May-11
Oil prices continue to linger around US$99 at the end of last week, reflecting changes in the value of the US dollar and concerns regarding global demand for crude. Crude settled at US$98.5 on the Nymex. In London, Brent crude for July delivery settled at US$111.1 on the ICE Futures exchange.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}