Crude oil prices are trading rangebound on Tuesday morning after rising USD 1 in the previous session, but high stock levels will prevent further large price increases, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 77.39/bbl on the ICE platform, up USD 0.07 on Monday's close.
On Nymex, the WTI February contract was last seen at USD 78.72/bbl, down USD 0.05 on previous close.
On Monday, the front month Brent contract rose USD 1.01 to settle at USD 77.32/bbl, w
Dienstag, 29.12.2009, 08:17 Uhr
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