Economy News Headlines - Yahoo! News: Brent steady near $108 on worries over Cyprus, euro zone oil demand

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Brent steady near $108 on worries over Cyprus, euro zone oil demand Mar 26th 2013, 06:41 By Jessica Jaganathan SINGAPORE (Reuters) - Brent crude remained steady above $108 a barrel on Tuesday on concerns the Cyprus bailout could set a new precedent in restructuring the euro zone banking sector, again feeding worries about the European economy and its demand for oil. Jeroen Dijsselbloem, head of the Eurogroup for euro zone finance ministers, said the Cyprus bailout represented a new template for resolving regional banking problems and other nations might have to restructure banking sectors to adapt. ...

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