On London's IPE the Brent crude-oil futures dropped $2.02 to $57.28 barrel.
However, analysts consider the fall to be temporary, and that oil prices should soon rise again due to supply concerns.
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Crude Oil Price Slid Back
Crude oil prices lost their eve- high position, tumbling by $2.34
Crude oil prices lost their eve- high position, tumbling by $2.34 on Tuesday.
US light crude fell down $2.34 to settle at $58.20 a barrel on the NYMEX.
On London's IPE the Brent crude-oil futures dropped $2.02 to $57.28 barrel.
However, analysts consider the fall to be temporary, and that oil prices should soon rise again due to supply concerns.
On London's IPE the Brent crude-oil futures dropped $2.02 to $57.28 barrel.
However, analysts consider the fall to be temporary, and that oil prices should soon rise again due to supply concerns.
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