After Wednesday's gains, oil prices are softening on Thursday morning as the dollar is strengthening amid expectations of an imminent US interest rate hike, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.50 at USD 75.77/bbl on the ICE platform, while the WTI March contract traded USD 0.48 lower at USD 76.85/bbl.
On Wednesday, the Brent contract closed up USD 0.59 at USD 76.27/bbl, following trades in a USD 75.40-76.48/bbl, while the WTI contract gained USD 0.32 to end the day at USD 77.33/
Donnerstag, 18.02.2010, 08:19 Uhr
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