USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

121

Oil Prices Slid As Turkey Troops Left Iraq

Oil prices declined Tuesday after an earlier spike as the market reacted to a move by Turkish troops into northern Iraq to flush out Kurdish rebels

Oil Prices Slid As Turkey Troops Left Iraq

Oil prices declined Tuesday after an earlier spike as the market on Turkish army's invasion into northern Iraq.

New York's main oil futures contract, light sweet crude for January delivery, closed down 14 cents at $90.49 per barrel after a brief surge above $92 per barrel.

In London, Brent North Sea crude for February delivery settled down a heftier $1.17 at $90.12.

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