Business Bites: Oil prices drop after 43 months
2 March 2012 Last updated at 17:08 GMT
Oil prices have dropped down from a 43-month high after Saudi Arabia denied reports that one of their key pipelines had exploded.
Brent crude fell back to $124.9 a barrel and US light crude fell slightly to $107.9.
Meanwhile, global markets seem unfazed despite the many challenges still facing Europe.
The BBC's Maryam Moshiri discusses the key financial stories of the day.