Oil slips from 18-month high

Oil fell as the dollar firmed on Tuesday, yesterday sliding from an 18-month high near $87 reached a day earlier on data showing US economic growth was accelerating.

The US services sector grew at its swiftest in nearly four years in March and future home sales rose unexpectedly in February, statistics showed on Monday, bolstering hopes for a sustainable economic recovery and job growth.

US crude for May delivery slid 24 cents to $86,38 by 0505 GMT, off Monday's high of $86,90 a barrel, the highest intraday figure struck since October 2008. ICE Brent declined 28 cents to $85,60 yesterday.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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