Oil prices are falling in line with weaker equities on Tuesday morning, while disappointing macroeconomic news out of the US continues to paint a bleak demand picture, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.93 at USD 75.67/bbl. On Monday, the Brent contract ended the day USD 0.05 lower at USD 76.60/bbl, following trades in a USD 75.91-77.05/bbl range, while the WTI October contract on Nymex closed down USD 0.47 at USD 74.70/bbl.
Prices were easing off since the US demand outlook remained poo
Dienstag, 31.08.2010, 08:53 Uhr
Redaktion
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