Commodities

Brent Crude prices fell on reports of supply resumption from Libya - ZENMoney



Posted On : 2013-08-21 21:36:07( TIMEZONE : IST )

Brent Crude prices fell on reports of supply resumption from Libya - ZENMoney

Brent Crude Prices fell on reports that some Libyan oil exports might soon resume and on news that the Seaway crude oil pipeline had shut, halting shipments from the US Midwest to the Gulf Coast. The losses in the brent increased after the July's US Fed Reserve's mins meeting showed that it was considering measures to drain cash from the banking system when it shifts away from its current ultra-loose monetary policy.

Source : Equity Bulls

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