Oil prices are edging lower on Wednesday morning on weaker than expected manufacturing data from China, analysts said.
The front month contract for Brent North Sea crude oil was last seen changing hands at down USD 0.37 at USD 104.55/bbl on the Ice platform, after falling USD 1.28 on Tuesday.
On Nymex, the WTI front month contract was last seen at USD 87.96/bbl, down USD 0.10 on previous close.
Fading hopes for monetary stimulation from US Federal reserve this week together w
Mittwoch, 1.08.2012, 08:16 Uhr
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