Tags: Crude | Oil | Declines | Fed

Brent Crude Oil Drops 84 Cents to $111.87 a Barrel

Wednesday, 27 Feb 2013 03:39 PM

 

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Brent crude oil futures for April delivery fell 84 cents to settle at $111.87 a barrel, as investors weighed expectations that the Federal Reserve's stimulus program will be maintained against the sixth straight weekly rise in U.S. crude oil stockpiles.

The contract traded between $111.65 and $113.35 during the session.

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