Oil prices are edging lower on Wednesday morning, extending late prior-session losses amid renewed fears of a global growth slowdown after a US report showed that the manufacturing sector contracted for a third consecutive month in August.
The front month contract for Brent crude North Sea oil was last seen USD 0.20 weaker at USD 113.98/bbl on the Ice platform, while the WTI front month last changed hands USD 0.05 lower at USD 95.25/bbl.
The worse-than-expected US manufacturing data for August is weighing on prices on Wednesday, with the Institute of Supply Management (ISM) index showing the lowest reading in over
Mittwoch, 5.09.2012, 08:17 Uhr
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