Oil prices are marginally lower on Tuesday morning amid fading hopes that this week's EU summit would result in a viable solution to the region's debt crisis, analysts said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 90.79/bbl on the Ice platform, down USD 0.22 on Monday's close.
On Nymex, the WTI front August contract was last seen at USD 78.91/bbl, down USD 0.30.
"Short-covering has been providing some support as we did see some quite heavy sell-off recently,” said Micha
Dienstag, 26.06.2012, 08:14 Uhr
Redaktion
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