Oil prices are flat on Wednesday morning, defending USD 1 gains on Tuesday as hopes rise US federal bank head Ben Bernanke will announce measure to boost the economy in a speech on Friday.
The front month Brent crude contract last traded at USD 109.25/bbl, down USD 0.06 on Tuesday's close, while Nymex WTI crude for October was last seen at USD 85.38/bbl, down by USD 0.06.
Oil rallied in line with equities markets on Tuesday, with everyone still watching out for Friday's speech by Ben Bernanke, Singapore's Phillips Future
Mittwoch, 24.08.2011, 08:21 Uhr
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