Financial Briefs

Breaking financial news from Wall Street to Main Street

IEA: ‘Oil Markets Testing Water Around $100/Barrel’

Posted by financialbriefs on September 22, 2008

Oil markets are trying to find a level somewhere around $100 a barrel but prices may fall further later in the year if the U.S. financial crisis hurts the global economy, the deputy head of the International Energy Agency (IEA) said on Monday.

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