Oil contracts are looking cheaper again on Friday morning after regaining some of Wednesday's big losses on Thursday, and prices will struggle to gain momentum in the short-term, according to one analyst.
The front month Brent crude oil contract for August was last seen at USD 113.53/bbl, down USD 0.49 day on day.
The Nymex July WTI contract, still the front month there, last went through USD 0.70 lower on Thursday's close, at USD 94.25/bbl.
"I think a lot of people are realising that the short-term fund
Freitag, 17.06.2011, 08:18 Uhr
Redaktion
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