The WTI front month contract for light sweet crude oil is trading just below the 80/bbl level on a weak US dollar but the fundamentals are not justifying current prices, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 78.07/bbl on the ICE platform, up USD 0.30 on Monday's close.
On Nymex, the WTI front month November contract was last seen at USD 79.77/bbl, up USD 0.16 on Monday.
However, with the WTI November contract expiring on Tuesday a lot more volumes were
Dienstag, 20.10.2009, 08:33 Uhr
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