Oil prices are extending losses on Tuesday morning as players express concerns over rising inventories in the US and comments by the Saudi oil minister.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 96.48/bbl on the ICE platform, down USD 0.13 on Monday's close.
In the previous session, the Brent March contract fell USD 0.99 to settle at USD 96.61/bbl, while in New York the WTI March contract ended USD 1.24 lower at USD 87.87/bbl.
Expectations of a rise in US cru
Dienstag, 25.01.2011, 08:36 Uhr
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