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Brent October Crude Futures Drop $1.56

Friday August 17, 2012, 2:53pm PDT

Reuters reported that Brent October crude futures dropped $1.56 on concern over potential release of U.S. petroleum reserves.

As quoted in the market news:

Brent October crude fell $1.56 to settle at $113.71 a barrel, after falling to $112.70 intraday. Brent managed a 76-cent weekly gain.

Click here to read the full Reuters report.

Tags: Oil, oil futures, Oil Market News, oil news, oil price, oil value


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