Oil prices are softening on Wednesday on the back of bearish provisional US inventory data, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 117.36/bbl on the ICE platform, down USD 0.39 on Tuesday's close, while the WTI August contract on Nymex traded USD 0.19 lower at USD 97.24/bbl.
The American Petroleum Institute (API) reported an unexpected 2.3m bbl rise in crude oil inventories on Tuesday. Analysts had expecte
Mittwoch, 13.07.2011, 09:06 Uhr
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