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Brent falls below $ 126
03/03/2012
SINGAPORE (Reuters)
Download the price of Brent crude European benchmark below $ 126 on Friday, down from its highest level in 11 months with the decline in concerns about disorder supplies from Saudi Arabia and the focused attention of traders on the decline in demand for oil in the next few weeks towards the end of winter in the northern half of the the globe. Oil prices have risen by about five percent on Thursday after an Iranian report about the fire in the pipeline in Saudi Arabia, the impact of a huge wave of buying. Prices have fallen for their gains in later after he was quoted by CNN. That. Me. CNN television on the official Saudi oil as saying that the report is incorrect. The price of Brent 64 cents to 125.56 dollars after they closed up 3.54 dollars at 126.20 dollars in the previous session the highest level since the eighth of April 2011. and got U.S. light crude up 38 cents to 108.46 dollars a barrel after closing up $ 1.77 to $ 108.84 at the previous meeting
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