Decrease of crude price was attributed to tendency among investors to abstain from trading in high-yield assets, with tapering appetite for risks, as a result of reports about failure to cut the US budget deficit.
The prices of the crude have been also affected with rise of the US dollar rate, with tendency among traders to buy low-yield assets and decline of confidence in financial markets, as well as renewed fears over the complex European financial crisis. Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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