Thursday 11 August 2011

Oil falls below $85 as traders eye EU debt crisis (AP)

Pipelines from Argentine firm Pluspetrol are seen after an oil spill in the Amazon region of Loreto, August 10, 2011. Approximately 1,100 barrels of oil were leaked into the jungle. A press release from Pluspetrol said a pipeline had been vandalized, causing the spill that will take a month to clean up. Picture taken August 10, 2011. REUTERS/Antonio Escalante (PERU - Tags: ENERGY ENVIRONMENT)AP - Oil prices fell to below $85 a barrel Friday in Asia as investors tried to make sense of a week of sharp zigzags in the equity and commodities markets.



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