Crude oil prices remained steady in European session ahead of the IMF meeting later this week. Tensions between Turkey and Syria and tighter sanctions against Iran on its nuclear development continued to support prices. European bourses were, however, weighed down by the IMF’s comments that the Eurozone has entered a “downward spiral of capital flight, breakup fears and economic decline”.
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IMF Warns that Eurozone Crisis has Entered Downward Spiral
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