The oil market is trading lower on Friday morning despite US oil inventories falling more than expected and the European Central Bank (ECB) outlining plans to tackle the regional debt crisis, players said.
The front month Brent crude oil contract was last seen traded at USD 113.04/bbl, down USD 0.45 day on day.
On Thursday, prices dropped from the intraday high of USD 115.15/bbl to settle at USD 113.49/bbl, up USD 0.40 day on day.
"I can not see clear reasons for the weaker sentiment which arose last night after the intra-day highs on Thursday and after the EC
Freitag, 7.09.2012, 07:50 Uhr
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