Dienstag, 12. April 2011

Oil extends losses, high prices may hurt demand (Reuters)

Fuel storage tanks are seen at Mobil Oil's oil refinery in Melbourne March 8, 2011. REUTERS/Mick TsikasReuters - Brent crude fell to around $123 a barrel on Tuesday, extending overnight losses, on concern high fuel prices will destroy demand and after Goldman Sachs advised investors to lock in commodity trading profits.


Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20110412/bs_nm/us_markets_oil

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