OIL PRICES

 

Price Of WTI Slips Under $100/B After French, Greek Elections, Supply Increases

The price of WTI settled at $97.08/B on 10 May, having spent the week below $100/B following polls in France that saw the election of a new president and balloting in Greece that failed to establish a political framework for dealing with its economic crisis. The elections created new questions about the economic future of the Eurozone as the French President-Elect...