Volatile oil prices end the week on a low key note

12-Nov-12
After fluctuating over the week, oil prices slid on Friday. Sentiments during the week were dictated by concerns over the US election and weak demand. The market moved up on Tuesday, rising by over US$3 in line with Wall Street gains and the weaker dollar, as Americans headed to the polls. Brent North Sea crude for delivery in December dipped to US$107 a barrel in London afternoon trade, while New York’s main contract, light sweet crude for fell to US$84.75 a barrel.
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