Oil prices are softening on Tuesday amid expectations of a rise in US crude stocks, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 83.33/bbl on the ICE platform, down USD 0.21 on Monday's close, while the WTI December contract on Nymex last traded USD 0.32 lower at USD 82.20/bbl.
"We've seen a large increase in US crude imports this week, so it's reasonable to expect a build in stocks,” said
Dienstag, 26.10.2010, 08:33 Uhr
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