Brent fall heading towards $ 113 after fears of a decline in the supply of Iraq

Brent fall heading towards $ 113 after fears of a decline in the supply of Iraq
2014-06-30T08:11:33+00:00

last week after declining fears of supply delay from Iraq with wage the government forces attack against the takeover of Sunni insurgents over large areas of the country.

The report, published by Reuters news agency ,seen by "Shafaq News", said that “Brent crude of European measurement is still up 3.4 percent so far in June on its way to the best monthly level since August after reaching its highest level in nine months earlier from this month, while U.S. crude contracts rose about three percent driven primarily by supplies concerns .

Brent fell 22 cents to 113.08 dollars a barrel at 0240 GMT, after having concluded the week by 1.3 percent.

 

U.S. crude fell 26 cents to 105.48 dollars a barrel, after falling about 1.4 percent over the past week.

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