Friday 1 August 2014

Brent falls below $112 as cliff rally loses steam

  Brent crude slipped below $112 a barrel on Thursday as investors' focus shifted from a deal to avert the US "fiscal cliff" to rising oil supply and more budget battles ahead in Washington.  


US fiscal cliff deal sparks broad market rally

  European shares, oil and gold rose strongly on Wednesday after US politicians struck a long-awaited deal to avoid a fiscal crisis, while safe-haven dollar and German government bonds fell.   Lawma

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