Oil prices are slipping slightly on Wednesday morning on the back of increased in crude stocks and ahead of expectations of an interest rate hike by the European Central Bank.
The front month contract for Brent North Sea crude oil was last seen trading USD 0.39 softer at USD 121.91/t while WTI on Nymex was last dealt USD 0.43 lower at USD 108.40/bbl.
US commercial crude oil inventories increased by 2m bbl to 357.7m bbl in the week ending April 1, said the US Energy Information Administration (EIA) on Wednesday.
This was in line with market exp
Donnerstag, 7.04.2011, 08:15 Uhr
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