Investors Turn Cautious as Uncertainties Remain in the Eurozone
timberland97Crude oil prices slumped on Monday on profit-taking. The surprising decline of almost US$5 in just a few minutes on very high volume triggered the CFTC to investigate the case with the CME. The front-month contract for WTI crude oil slipped to as low as 94.65 before ending the day at 96.62, down -2.40%, while the equivalent Brent crude contract plunged to a 6-week low of 111.5 before settling at 113.79, down -2.66%.
Read the original here:
Investors Turn Cautious as Uncertainties Remain in the Eurozone
