Oil prices continue to fall on Thursday morning after losing USD 2 in the previous session following weak oil product demand, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 77.07/bbl on the ICE platform, down USD 0.57 on Wednesday's close.
On Wednesday, the Brent contract closed USD 1.96 lower at USD 77.64/bbl, while the WTI contract shed USD 2.23 to end the session at USD 78.02/bbl.
US commercial crude oil inventories decreased by 3m bbl to 355m
Donnerstag, 12.08.2010, 08:10 Uhr
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