Crude slips more than 2%; trading at $ 88.90/bbl

Oil prices meanwhile tumbled more than 2% on to below USD 89 a barrel as a stronger dollar and weaker US equities deterred buyers. Currently it is trading at 88.90 per barrel.

January 07, 2011 / 07:54 IST

Oil prices meanwhile tumbled more than 2% on to below USD 89 a barrel as a stronger dollar and weaker US equities deterred buyers. Currently it is trading at 88.90 per barrel.

In the base metal space copper declined as inventory gains in London, Shanghai signaled ample supply of the industrial metal.

first published: Jan 7, 2011 07:52 am

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