WTI, Brent take big hits in Friday trading
New York (UPI) Oct 31, 2014 - Brent and West Texas Intermediate prices suffered heavy losses in Friday trading, ending a week that saw some early optimism resurface for the oil market. WTI dipped briefly below the $80 threshold in Monday trading, with Brent moving in parallel. Early price movements were a reflection of a grim forecast about futures contracts from Goldman Sachs, which trumped the optimism that greete ... more
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