Oil prices are extending losses from the previous session on Thursday as comments from the country's Federal Reserve chairman the economy is "unusually uncertain” and a surprise rise in US crude inventories sparked demand concerns, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.24 at USD 75.13/bbl on the ICE platform.
On Wednesday, the Brent contract closed down USD 0.85 at USD 75.37/bbl, following an intraday high of USD 77.20/bbl, while the WTI September contract on Nymex shed USD 1.02 to end the day at USD 76.56/bbl.
Prices were coming o
Donnerstag, 22.07.2010, 08:16 Uhr
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