Friday, 27 April 2012

Brent slips toward $119, Spain downgrade revives euro zone woes | HALALTAMWEEL.COM

INGAPORE: Brent crude dropped on Friday to trade just above $119 a barrel on renewed fears about the state of the debt-ravaged euro zone economies following a downgrade of Spain's credit rating

But gains in the previous sessions, spurred by optimism the U.S. Federal Reserve would do what it needs to do to ensure recovery in the world's top economy is on course, have put Brent on track for a rise this week after dropping in the last two.Brent slips, brent crude news, brent prices, oil rates.

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