Oil prices are dropping on Wednesday morning in line with softer equity markets and a firmer dollar as risk aversion increased on the back of Greek debt problems, traders said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 85.47/bbl on the ICE platform, down USD 0.20 on Tuesday's close.
On Nymex, the WTI June contract was last seen traded at USD 82.35/bbl, down USD 0.40 on Tuesday's close.
Increased concerns that bailout plan for Greece may not be enough was making participants
Dienstag, 4.05.2010, 18:00 Uhr
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