Crude oil prices are falling on Tuesday morning on fundamental weakness after Monday's gains on the back of the announcement of a USD 15bn bailout plan for struggling US car manufacturers, players said.
The Brent front month for North Sea oil was last heard at USD 43.12/bbl, a fall of USD 0.30 on Monday's close. The corresponding contract for WTI on Nymex was down USD 0.10 at USD 43.61/bbl.
The news of the rescue package for the big three US car manufacturers, GM, Ford and Chrysler, which could be signed into law by the end of the week gave an upward
Dienstag, 9.12.2008, 08:21 Uhr
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