Brent crude oil is moving sideways in thin trade on Tuesday morning, but may see some direction from Italian and German economic data this week.
The front month Brent crude oil contract on the ICE exchange last traded at 108.06/bbl, up USD 0.10 on Friday's close. At Nymex, the February contract was last seen at USD 99.49/bbl, down USD 0.19 on the previous close. Prices gained strength last week, WTI more so than Brent, on the back of bombing in Iraq, continued tension over Iran's nuclear programme and the death of North Korean le
Dienstag, 27.12.2011, 08:34 Uhr
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