Oil prices on Tuesday are down nearly USD 2 as fears of a production shutdown in Norway ended after the government stepped in to prevent a planned lockout of offshore workers and end the dispute.
The front month contract for Brent crude North Sea oil was last seen traded at USD 98.54/bbl, down USD 1.78 from Monday's close.
"Last night, oil moved up because of fears of a lockout in Norway and after the [government] intervention went back to the previous level,” said a Tokyo-based broker.
"So nothing has changed compared to the day before yest
Dienstag, 10.07.2012, 08:18 Uhr
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