Oil prices are trading lower on Monday morning on concerns over Chinese economic growth, with the US Fed meeting this week presenting further downside potential.
The front month Brent crude oil contract last traded at USD 125.41/bbl, down USD 0.57 on Friday's close on the Ice exchange.
At Nymex, the April WTI crude oil contract was last seen USD 0.67 lower at USD 106.73/bbl.
"There has not been much good positive news for crude oil prices this morning,” said broker Benson Wang at Sydney's Boston Merchan
Montag, 12.03.2012, 08:31 Uhr
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