Brent crude oil prices are trading flat on Friday morning ahead of the festive season despite Iraq violence and Iran fears lending support to the market.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 108.08/bbl on the Ice platform, up USD 0.19 on Thursday's close.
However, Brent prices are up week on week by more than USD 4 as Friday 16 December saw the North Sea oil closing at USD 103.68/bbl.
On Thursday, the front Brent contract settled up by a marginal USD 0.1
Freitag, 23.12.2011, 08:05 Uhr
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