Brent falls as euro zone woes, dollar pressure -
Saturday, June 25, 2011
NEW YORK (Reuters) – Brent crude prices fell 2 percent on Friday as Europe's debt problems and a dollar index rebound extended oil's decline a day after consuming nations announced they were tapping strategic reserves.
IEA oil release seen as taking pressure off OPEC -
Saturday, June 25, 2011
June 24, 2011 - The International Energy Agency's release of oil from strategic stockpiles will take the pressure off OPEC kingpin Saudi Arabia to open its taps, analysts said June 23.