Oil prices are retreating on Wednesday morning as some players are taking profit from the 2% gains seen in the previous session, which pushed the WTI contract back above the USD 100/bbl mark, players said.
The front month contract for Brent crude North Sea oil was last seen USD 0.41 softer at USD 109.09/bbl, while the WTI equivalent on Nymex was last dealt USD 0.35 softer at USD 99.79/bbl.
Oil prices opened strongly in line with further geopolitical concerns surrounding Iran, which pushed the WTI contract back over USD 100/bbl, although prices have sin
Mittwoch, 14.12.2011, 08:28 Uhr
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