Detailed text transcripts for TV channel - CNN - 20110225:09:04:00
But concern has eased just a bit. the united states and the international agency said they could provide oil supplies to fill any gap left by libya's limited output. brent trading around $112 a barrel down from the $119 mark on thursday. in new york, nymex crude is down from its thursday highs trading at a little over $98 a barrel. back up by $1 here in asian trade, but still below that key, at least the key psychological $100 a barrel mark. now head of the international monetary funds economic outlook division tells cnn why oil's recent retreat is such welcome news. >> it's important. particu...