Oil prices are extending prior session losses on Monday morning on "disappointing” US employment figures released on Friday and fears the eurozone debt crisis is spreading, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 71.07/bbl on the ICE platform, down USD 1.02 on Friday's close.
On Friday, the Brent front month plunged USD 3.32 to settle at USD 72.09/bbl, while in New York, the WTI July contract fell USD 3.10 to USD 71.51/bbl.
Oil and equities had tumbled since Friday afterno
Montag, 7.06.2010, 08:30 Uhr
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