Brent slips towards $114 on stronger dlr, Greece risk
2/6/2012 12:32:06 PM
SINGAPORE: Brent crudeslipped towards $114 on Monday, weighed down by a stronger U.S. dollar and the risk that a sovereign debt default by Greece could tip the euro zone in to a demand-sapping recession.
However, losses were limited by escalating tension between Iran and the West, which threatens to disrupt supplies from the world's fifth-largest crude oil exporter.
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