Markets

Brent Steady as Investors Proceed with Caution

Brent Crude Oil traded steadily below $112 on Wednesday morning as investors proceeded with caution ahead of several upcoming indicators of the global economy's health. The commodity was trading at $111.84.

The biggest driver of Brent prices has been the question of whether or not supply will outpace demand in 2013. Investors are eyeing the US, China and Europe for clues about the economy's condition in the coming months.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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