Brent Poised To End The Year Caught Between Supply Worries And Demand Woes
December 31, 2013 at 07:14 AM EST
Brent crude oil looked poised to end the year flat as supply concerns balanced out weaker demand and kept the commodity trading near $111. Brent traded at $111.32 at 6:42 GMT on Tuesday morning. The supply outlook for crude oil is threatened by several factors at the moment including unrest in