Oil prices on Tuesday morning are continuing to fall from recent highs as data has revealed a rise in Saudi Arabian output in February, with the world's biggest oil producer looking to ease supply concerns.
The May contract for Brent crude North Sea oil last traded at USD 125.08/bbl on the Ice exchange, down USD 0.63 day on day.
Meanwhile, April WTI crude was last seen USD 0.47 lower day on day at USD 107.62/bbl, on Nymex.
"Oil has pulled back moderately and that is primarily reflecting the current sentiment in the market that supply side worries have eased,̶
Dienstag, 20.03.2012, 08:09 Uhr
Redaktion
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