Crude prices are trading flat compared with the previous close on Friday morning after three days of strong gains following concerns that demand for oil in China could stagnate, analysts said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 75.30/bbl, just USD 0.01 higher day on day.
On Nymex, the WTI July contract was edging lower, with a trade last seen at USD 75.28/bbl, USD 0.20 lower day on day.
Chinese data released on Friday showed that inflation in the country climbed to 3.1% in May, its fastest pace in 19 mont
Freitag, 11.06.2010, 08:29 Uhr
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