Oil prices slide as Greece optimism fades

LONDON (Reuters) – Oil prices fell towards $ 96 a barrel on Monday, erasing early gains after a pro-bailout vote in Greece failed to ease concerns about the euro zone while analysts said oversupplied crude markets would cope with any loss of Iranian oil. Pro-bailout parties in Greece will form a government after a narrow election victory over the left that eased fears of a sudden exit from the euro. …

Oil prices slide as Greece optimism fades LONDON (Reuters) – Oil prices fell towards $ 96 a barrel on Monday, erasing early gains after a pro-bailout vote in Greece failed to ease concerns about the euro zone while analysts said oversupplied crude markets would cope with any loss of Iranian oil. Pro-bailout parties in Greece [...]