Oil prices are extending losses from the previous session on Tuesday amid a slightly stronger US dollar and overall "disinterest” in the market on the high level of US inventories and a poor economic picture, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.24 at USD 73.38/bbl on the ICE platform.
On Monday, the Brent contract closed down USD 0.64 at USD 73.62/bbl, following trades in a USD 73.25-74.90/bbl range, while the WTI October contract on Nymex shed USD 0.72 to end the day at 73.10/bbl.
"Given the size of
Dienstag, 24.08.2010, 08:02 Uhr
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