Brent crude oil prices are looking range-bound on Tuesday morning after falling in the previous session after two weeks of gains due to profit-taking and the restart of a major Alaskan pipeline, said players
.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 97.63/bbl on the ICE platform, up USD 0.20 on Monday's close.
In the previous session, Brent settled USD 0.95 lower at USD 97.40/bbl, while there was no settlement price for US crude oil due to the Martin Luther King holiday.
Oil prices softened on Monday
Dienstag, 18.01.2011, 08:26 Uhr
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