Crude oil is marginally up on Monday morning while the short-term demand picture continues to look weak, a player said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 42.10/bbl on the ICE platform, up 21 cents on Friday's close.
The short-term demand picture continued to look weak but it was somewhat balanced by Opec supply cuts, which currently adhered to approximately 70% of those previously announced, said Jonathan Kornafel, Asia directo
Montag, 23.02.2009, 08:04 Uhr
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