EU data shoves oil prices lower

April 20, 2015 1:29 PM

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EU data shoves oil prices lower

Economic concerns offset security fears in the Middle East.

The price for Brent crude oil, the global benchmark, fell more than 1 percent from the previous close to trade at $62.71 per barrel early Monday. Brent is up more than 10 percent since the start of April, but still more than $40 per barrel below the June 2014 level.

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