Crude oil prices are edging lower on Wednesday morning after a preliminary American Petroleum Institute (API) report showed US crude inventories rose more than expected, suggesting demand is tepid.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 110.57/bbl on the Ice platform, down USD 0.25 on Tuesday's close, while the WTI January contract on Nymex traded USD 0.45 lower at USD 99.34/bbl.
Forecasts issued by the American Petroleum Institute late on Tuesday of an unexpected spike in US crude invent
Mittwoch, 30.11.2011, 08:08 Uhr
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