Oil prices are finding support from optimism ahead of corporate earnings results and declining forecasts of US crude inventories, said traders on Tuesday.
The September contract for Brent North Sea crude oil was last seen changing hands at USD 75.63/bbl on the ICE platform, up USD 0.01 on Monday's close.
The contract closed at USD 75.62/bbl on Monday, USD 0.25 higher compared to Friday's close, while the WTI August contract on Nymex in New York closed USD 0.53 up at USD 76.54/bbl.
Market sentiment in the crude oi
Dienstag, 20.07.2010, 08:34 Uhr
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