Brent Retreats After Britain Rejects A Military Strike In Syria
August 30, 2013 at 07:51 AM EDT
As military action began to look less and less likely, Brent crude oil withdrew from its previous highs. The commodity traded at $114.57 at 6:45 GMT on Friday morning. Britain announced that it would not join the US' efforts to punish Syrian President Bashar al-Assad for his involvement in a chemical