Oil set for biggest quarterly drop since 2012 on adequate supply

by | October 2, 2014 12:06 am

Brent and West Texas Intermediate headed for the biggest quarterly decline in more than two years as abundant crude supplies offset the risk of disruption from conflict in the Middle East. Futures were up 0.1 percent in London, trimming a drop of 13 percent since the beginning of July. The US and its European and…

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