Oil prices are continuing to soften on Thursday, despite the release of bullish US inventory data in the previous session, as the market remains focused on global macroeconomic issues, players said on Thursday.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 108.07/bbl on the Ice platform, down USD 0.32 on Wednesday's close, while the WTI November contract on Nymex traded USD 0.79 lower at USD 85.32/bbl.
US commercial crude oil inventories fell by 4.7m bbl to 332.9m bbl in the week ending 14 October, the US Energy Information Administration (
Donnerstag, 20.10.2011, 08:24 Uhr
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