Brent crude slipped below $112 a barrel on Monday as Europe stumbles
Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow.
Brent crude oil fell to $126 on Monday and US crude futures slipped after touching a 2-1/2-year high on prospects of a Libyan peace agreement and as Saudi Arabia restated its ability to pump more oil if needed.