CLCV1 News & Analysis
Two Reasons Why Brent Could Head Back to $110/Barrel
05 Jul 2012 EDT - CNBC.com
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“We do not see a return to parity between the two crudes just because we have so much surplus light oil in the U.S,” he said.
Oil prices in June were lower than three months ago. Brent Crude fell to below $90 per barrel, its lowest level in eighteen months.
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