Brent crude prices are rising on Monday morning as the oil market continues to take direction from a weaker dollar but fundamentals remain "very weak", said analysts.
The front month contract for Brent North Sea crude oil was last seen traded at USD 78.24/bbl on the ICE platform, up USD 1.04 on the previous close.
On Friday, the Brent contract lost 44 cents day on day to close at USD 77.20/bbl, while the WTI contract lost 74 cents at USD 76.72/bbl.
A weaker dollar, prompting buying interest from European and Japanese b
Montag, 23.11.2009, 08:31 Uhr
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