Oil Prices Slip As Banking Fears Return ...Middle East

OILPRICE - Economy
Oil Prices Slip As Banking Fears Return
source : OILPRICE ( Middle East ) () 29
Oil prices dropped early on Wednesday after another banking sector scare and after U.S. consumer confidence fell for the third time in four months.   As of 8:00 a.m. EDT on Wednesday, ahead of the EIA’s weekly inventory report, the U.S. benchmark WTI Crude was trading down by 0.47% at $76.71. The international benchmark, Brent Crude, was barely hanging onto the $80 a barrel level – Brent was down by 0.85% on the day at $80.09. Oil continued the slide from Tuesday when prices fell by 2% to the lowest…

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