Oil prices are trading down on Wednesday after losing around USD 1.70 in the previous session.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 78.80/bbl down 50 cents on the previous session. On Tuesday, the contract closed at USD 79.30/bbl, down USD 1.67 bbl day on day.
Analysts said moves by China to raise bank reserve requirements to curb inflation had sent out a bearish signal to the market as it could make it harder to obta
Mittwoch, 13.01.2010, 08:19 Uhr
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