Oil prices are edging lower on Tuesday morning following concerns that crude stockpiles are increasing in the US, the world's largest energy consumer, said traders.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 88.50/bbl on the ICE platform, down USD 0.44 on Monday's close.
On Monday, positive US manufacturing data took the Brent front month contract to a session-high of USD 89.58/bbl, its highest level since October 2008, before the contract closed at USD 88.94/bbl, a day-on-day gain
Dienstag, 4.05.2010, 08:20 Uhr
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