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Business

Brent dips

Published: 05 Jul 2013 - 05:15 am | Last Updated: 31 Jan 2022 - 09:40 am

LONDON: Oil slipped towards $105 a barrel yesterday after Egypt’s army ousted its president, helping to ease concerns over the threat of supply disruption in the Middle East. Brent crude fell 29 cents to $105.47 a barrel by 1855 GMT, after rising to $106.03 on Wednesday, a two-week high. US crude slipped 12 cents to $101.12, falling from a 14-month peak of $102.18 hit in the previous session. Ruters