Oil prices are looking a touch firmer on Wednesday morning supported by a 5.4m bbl drop in US gasoline inventories.
The October front month contract for Brent North Sea crude oil was last seen changing hands at USD 109.64/bbl on the ICE platform, up USD 0.51 on Tuesday's close.
Crude oil prices are likely supported by the 5.4m bbl decline in US gasoline stocks as reported by the American Petroleum Institute (API) on Tuesday, in addition to the distillates falling 1.3m bbl, said Ben Westmore,
Mittwoch, 17.08.2011, 08:20 Uhr
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