Slowing demand confirmed by growing US stockpiles sent crude oil lower again on Wednesday.
The Brent front month contract was last seen at USD 46.70/bbl on the ICE platform on Thursday morning, down 92 cents.
Sweet crude inventories grew to levels not seen since mid-2007 in a Wednesday report from the US energy department. In Cushing, Oklahoma, the delivery point for WTI futures traded at Nymex, stocks approached maximum levels while reaching an all-time high.
Donnerstag, 15.01.2009, 08:05 Uhr
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