Nation and world business briefs

 

Published: July 12, 2011

BUSINESS BRIEFS

Nation

Oil drops on world debt news

NEW YORK — The latest readings on Chinese inflation and renewed worries about European debt pushed oil lower. Benchmark West Texas Intermediate crude fell $1.05 to settle at $95.15 per barrel Monday on the New York Mercantile Exchange . Brent crude, which is used to price many international oil varieties, dropped $1.09 to settle at $1...


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