Oil prices look a touch softer on Monday morning after a weaker dollar and short-covering pushed prices higher at the end of last week, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 60.43/bbl on the ICE platform, down USD 0.35 on Friday's close.
The ICE Brent July delivery firmed USD 0.85 on Friday on the back of a weaker dollar and short-covering ahead of the long weekend in the US and the UK, players said.
Meanwhile the Nymex WTI front month gained
Montag, 25.05.2009, 08:09 Uhr
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