Oil prices are sliding on Friday morning as players take profit from the recent strong gains, while a stronger dollar and weaker Asian equities are also pressuring prices, players said.
The front month Brent North Sea contract was last seen USD 1.30 lower at USD 87.51/bbl, while its Nymex WTI counterpart last traded at USD 86.78/bbl, USD 1.50 lower day on day.
Some financial unease has also returned to the markets leading some players to take profit, amid concerns that some of the region's most indebted nations, such as Ireland
Freitag, 12.11.2010, 08:25 Uhr
Redaktion
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