Oil falls after Libya calls halt to military action
Oil falls after Libya calls halt to military action
LONDON (Reuters) – Oil prices fell on Friday after Libyan leader Muammar Gaddafi's government said it would halt military action in response to a U.N. resolution for an immediate ceasefire.
Brent crude was trading 69 cents lower at $114.21 by 1352 GMT, off a session high of $117.29 and up from the day's low of $113.07. U.S. crude shed 57 cents to $100.85.
that was quick, will it last?
http://news.yahoo.com/s/nm/20110318/bs_ … arkets_oil
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