Crude oil prices are edging lower on Tuesday morning, extending Monday's sharp losses, as optimism regarding the Spanish debt bailout continues to wane.
The front month contract for Brent crude North Sea was last seen USD 0.29 lower at USD 97.72/bbl on the Ice platform. On Monday, the contract shed USD 1.47 to settle at USD 98/bbl, which was more than EUR 4 below the session's intraday high.
Meanwhile, the WTI front month contract last changed hands at USD 82.12/bbl, down USD 0.54 day on day.
The market
Dienstag, 12.06.2012, 08:02 Uhr
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