Oil prices are marginally down on Tuesday morning with a report on China's local government debt saying it may be highly underestimated and concerns about US economic growth weighing on the sentiment.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 111.16/bbl on the ICE platform, down USD 0.23 on Monday's close. Oil prices have edged lower in line with Asian equities following a report from ratings agency Moody's saying Chinese local government debt may be understated by billions of US dollars, said Victor Shum, a Singapore-based oil ana
Dienstag, 5.07.2011, 10:01 Uhr
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