Brent Crude Prices rose on Egypt fears - ZENMoney

Brent Crude Prices rose due to fears of further violence in Egypt along with a rally in the global markets. The strengthening dollar on on expectations that the Federal Reserve will reduce stimulus at a time when other major central banks are likely to ease further and Improved supply from elsewhere in the Middle East capped the gains in the Brent prices. The US EIA slightly tightened its 2014 oil demand outlook but left the balance of the year unchanged.

Source : Equity Bulls

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