WTI prices are retreating from a 26-month high due to profit-taking, one player said on Tuesday.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.25 at USD 91.20/bbl on the ICE platform, while the WTI January contract on Nymex had shed USD 0.19 to a last trade of USD 89.19/bbl.
Although the supply-demand balance had tightened over the past 3-4 weeks, it was not enough to justify the roughly 8% increase in the WTI front month sin
Dienstag, 7.12.2010, 08:13 Uhr
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