Oil prices are looking a touch weaker on Monday morning after falling sharply on Friday afternoon as better than expected US employment data triggered a rebound in the US dollar, an analyst said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 73.28/bbl on the ICE platform, down USD 0.31 on Friday's close. In New York, the front month contract for light sweet crude oil was last seen trading down USD 0.27 at USD 70.66/bbl.
"An interesting consequence of Friday's encouraging job data was a sharp rebound in the US-Dollar,R
Montag, 10.08.2009, 08:44 Uhr
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