Wednesday 16 May 2012

Oil falls $1 on US stockbuild, Greece; WTI hits 5-mth low | HALALTAMWEEL.COM


SINGAPORE: Oil fell more than $1 on Wednesday, with the U.S. benchmark dropping to a five-month low, as a larger-than-expected rise in crude stocks in the United States and fears of Greece's exit from the euro zone muddied the outlook for demand growth.

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