Oil slips as market eyes possible MidEast, N. Africa peace plan
U.S. oil futures fell 65 cents to $101.55 per barrel.
March 3, 2011 10:45 by Reuters
Oil prices slipped on Thursday as investors weighed a possible peace plan to end the current crisis in Libya.
U.S. oil futures fell 65 cents to $101.55 per barrel. Brent crude slipped 53 cents to $115.82 per barrel.
As the struggle between Gaddafi loyalists and rebels who have taken swathes of Libya intensified, one report said Gaddafi and the president of the Arab League had agreed to a peace plan from Venezuela’s President Hugo Chaves.
(Reporting by Luke Pachymuthu; Editing by Manash Goswami)
Lately on Kipp
-
Kuwait: expats sent packing
-
A maid’s wage
-
ManageEngine Expands NoSQL Support with Redis Monitoring
-
RGH ENTERTAINMENT PRODUCES NEW ANIMATED FEATURE FILM, LIFE AND ADVENTURES OF SANTA CLAUS
-
Dubai Duty Free Honoured at the 4th Sheikh Mohammed bin Rashid Al Maktoum Patrons of the Arts Awards 2013
-
Qatar to announce new energy infrastructure fund
