Crude slips to 1-week low; trading at $87.48/bbl

Oil prices fell to a 1-week low, settling at around USD 87 per barrel mark as Egyptian tensions subside, reducing concerns over supply disruptions. It is trading at USD 87.48 per barrel.

February 08, 2011 / 07:53 IST

Oil prices fell to a 1-week low, settling at around USD 87 per barrel mark as Egyptian tensions subside, reducing concerns over supply disruptions. It is trading at USD 87.48 per barrel.

In the precious metals space, gold traded around USD 1348 mark, falling slightly as investor sentiment towards the equity market outweighs the demand for gold.

first published: Feb 8, 2011 07:51 am

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