Oil prices are weakening on Tuesday morning after they hit 7-month highs on Monday.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 67.70/bbl on the ICE platform, down USD 0.27 on Monday, when the contract climbed USD 2.45/bbl to close at USD 67.97.
General optimism in the global financial markets and a weakening dollar had pulled oil upwards on Monday, said a Singapore-based oil analyst but warned that fundamentally,
Dienstag, 2.06.2009, 08:31 Uhr
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