Oil slid more than 4%, as signs of further economic weakness fed demand worries and a rising dollar weighed, triggering technical sell stops and sending US crude to its lowest since February. Nymex & Brent crude prices are currently trading at USD 95.52 and USD 114.55 a barrel, respectively.
In currencies - the Euro dropped the most in almost six weeks versus the Dollar after the Greek prime minister's government lost political support as the European Union struggled to break a deadlock on a second financial rescue for the nation.
