Crude oil prices are edging higher on Tuesday morning on positive Chinese consumer price data for May.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 119.33/bbl on the ICE platform, up USD 0.23 on Monday's close.
On Nymex, the WTI front month contract was last seen at USD 97.43/bbl, up USD 0.13 on Monday's close.
The fact that the Chinese consumer price index (CPI) rose 5.5% year
Dienstag, 14.06.2011, 08:24 Uhr
Kai Eckert
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