Oil prices are edging lower ahead of a US GDP report which may suggest slower than expected fuel demand in the world's largest economy, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 77.40/bbl on the ICE platform, down USD 0.19 on Thursday's close.
Major Asian equities weakened on Friday ahead of an expected downbeat second-quarter US economic growth report, pressurising crude oil contracts, said market players.
The report is due to be released later on Fr
Freitag, 30.07.2010, 08:05 Uhr
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