Oil dips briefly on Libya peace talk (Reuters)

Posted by Yahoo! News: Stock Markets News on March 3rd, 2011

Traders work in the oil options pit on the floor of the New York Mercantile Exchange in New York, February 24, 2011. REUTERS/Brendan McDermidReuters – A proposal by Venezuela President Hugo Chavez to try to broker a peace deal in Libya briefly pushed oil lower on Thursday, while recently risk-averse stock markets put in some gains.


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