Commodities

Brent Crude prices fall on increase in Libyan supply - ZENMoney



Posted On : 2014-01-14 20:43:13( TIMEZONE : IST )

Brent Crude prices fall on increase in Libyan supply - ZENMoney

Brent Crude prices fell due to incremental increases in Libyan oil supply and expectations that Iranian crude will return to market. The Brent prices were further pressurised after Western powers reached a deal with Iran over its nuclear program. A weaker US dollar against basket of currencies supported the Brent prices at lower levels.

Source : Equity Bulls

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