Crude prices are softening on Wednesday morning as participants take profit following the strong equity-led gains seen in the previous session, traders said.
The front month contract for Brent North Sea crude oil was last heard USD 0.40 softer at USD 76.25/bbl, while on Nymex, the WTI contract went through last at USD 76.85/bbl, USD 0.30 softer day on day. Prices were falling as market participants sold off contracts to take advantage of the two-week highs seen in the previous session as US equities leapt following a higher than expected second-quar
Mittwoch, 14.07.2010, 08:42 Uhr
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