By: Benzinga
May 20, 2013 at 06:28 AM EDT
Brent Steady Near $105 Ahead of FED Minutes
Brent crude oil traded steadily at $104.62 on Monday morning at 5:58 GMT as the commodity inched towards $105 on improving economic data and strong equity markets. However, a tepid demand outlook and market oversupply kept a lid on prices. Last week, the International Energy Agency forecast both waning oil demand
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