Oil prices are continuing to edge lower on Monday morning following Friday's profit-taking as economic growth fears offset supply concerns resulting from tension in the Middle East and North Africa.
The front month contract for Brent crude North Sea oil was last seen USD 0.23 softer at USD 115.36/bbl, while WTI on Nymex was last dealt USD 0.35 lower at USD 105.05/bbl.
Japan's nuclear reactors and Europe's debt problems remain a concern, so "investors will probably require upside surprises from this week's economic data to balance negative external events̶
Montag, 28.03.2011, 08:20 Uhr
Redaktion
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