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Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices slip to $103 per barrel ahead of Federal Reserve meeting, US jobs data

Posted on 31 July 2013

The price of oil closed at a four-week low Tuesday as traders awaited comments from the U.S. central bank as well as data releases later in the week, including U.S. jobs figures.
Benchmark oil for September delivery fell $1.47 to finish at $103.08 per barrel on the New York Mercantile Exchange. That’s the lowest closing price since July 3. Brent crude, the benchmark for international crudes, fell 54 cents to end at $106.91 on the ICE Futures exchange in London………………………………………..Full Article: Source


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