Oil prices are continuing to soften on Tuesday morning after losing ground at the end of the previous session amid dollar strength and expectations of an increase in this week's US inventory figures, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.04 at USD 76.85/bbl on the ICE platform, while the WTI April contract on Nymex traded USD 0.12 lower at USD 78.58/bbl.
On Monday, the Brent contract closed down USD 0.70 at USD 76.89/bbl, following trades in a USD 76.21-78.47/bbl range, while the WTI contract shed USD 0.96 to settle at
Dienstag, 2.03.2010, 08:24 Uhr
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