Oil prices are trading lower day on day on Friday morning driven by concerns about Spain's economic situation after Standard & Poor's reduced the country's credit rating, one analyst said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.50 at USD 119.42/bbl on the Ice platform. On Thursday, the June Brent contract settled USD 0.80 higher day on day at USD 119.92/bbl.
Meanwhile the WTI front month contract was last seen at USD 104.06/bbl, down USD 0.49.
It is mainly macroeconomic news that is pulli
Freitag, 27.04.2012, 09:03 Uhr
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