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Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices slip; G20 meeting eyed

Posted on 31 October 2011

Oil prices fell on Monday, with traders cautious ahead of the Group of 20 leaders’ meeting later this week that will focus largely on the European debt crisis.
Euro zone leaders reached a deal last week to recapitalize their banks, strengthen the euro zone rescue fund and impose hefty losses on holders of Greek debt, and the market was looking for more positive news out of the euro zone to provide a floor for prices………………………………………..Full Article: Source


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