Oil prices are softening on Tuesday as uncertainty ahead of this week's US Federal Reserve meeting and a German court ruling on eurozone bailout plans is triggering profit-taking, an analyst said.
The front month contract for Brent crude oil North Sea oil was last seen traded at USD 114.68/bbl, down USD 0.13 day on day. On Monday, the contract rose USD 0.56 to settle at USD 114.81/bbl.
The US WTI front month contract was last seen at USD 96.23/bbl, down USD 0.31 day on day.
"Crude oil markets are edging lower amid profit-taking in Asian trading as som
Dienstag, 11.09.2012, 07:49 Uhr
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