Oil prices are trading lower on Tuesday morning amid profit-taking after a recent bull run and a stronger US dollar, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 83.10/bbl on the ICE platform, down USD 0.62 on Monday's close.
"Crude oil prices are easing off as the market got ahead of itself and now people are taking profits, which is understandable given the short-term fundamentals are still weak amid high inventories,” said Tony Nunan, ass
Dienstag, 12.10.2010, 08:26 Uhr
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