Oil eases towards US$81 per barrel

Oil eases towards US$81 per barrel

LONDON – Oil slipped towards US$81 a barrel yesterday as investors took profits from near-record highs, but a weak dollar helped stem losses sparked by worries of an economic slowdown in top consumer the United States.

US crude eased 23 cents to US$81,45 by 1120 GMT after falling US$1,22 on Friday, when profit-taking dragged the market back from an intraday high of US$83,76. London Brent crude slipped 31 cents to US$78,86.Nampa-ReutersLondon Brent crude slipped 31 cents to US$78,86.Nampa-Reuters

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