Oil prices are falling on Friday on continuing fears that fiscal problems in Europe could undermine the economic recovery in the US, the world's largest energy consumer, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 71.32/bbl on the ICE platform, down USD 0.52 on Thursday's close.
"The story's the same as yesterday - there's a real fear of contagion of Europe's debt crisis in the market,” said Tony Nunan, assistant general manager for petroleum risk management at Mitsubishi Corp
Freitag, 21.05.2010, 08:10 Uhr
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