Oil prices are showing little movement in trading early on Thursday, as a large drop in US crude stocks has been offset by higher product inventories and profit-taking.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 113.70/bbl on the Ice platform, in line with Wednesday's close, while the WTI February contract on Nymex was also flat at USD 103.22 bbl. Prices initially dipped below Wednesday's closing levels, amid profit-taking and a rise in US petroleum product stocks, broker Masaki Suematsu, at Newedge in Tok
Donnerstag, 5.01.2012, 08:32 Uhr
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