Oil prices look a touch softer on Wednesday after losing strength in the previous session following a surprise decline in US house sales and a reported 3.7m bbl weekly increase in crude inventories, said analysts.
The front month Brent contract for North Sea crude oil was last seen changing hands at USD 77.82/bbl, down 22 cents on the previous session.
On Tuesday, the contract lost 78 cents day on day to close at USD 78.04/bbl.
US data, which showed that house sales declined by 2.2% month on month in May f
Mittwoch, 23.06.2010, 08:12 Uhr
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