Oil prices are softening on Friday morning as the eurozone debt crisis and record high crude inventories at Cushing continue to weigh on the market, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.34 at USD 79.77/bbl on the ICE platform. On Thursday, the Brent contract closed down USD 1.09 at USD 80.11/bbl, following trades in a USD 79.70-81.68/bbl range, while the WTI front month contract shed USD 1.25 to end the day at USD 74.40/bbl.
Continued economic uncertainty in the eurozone
Freitag, 14.05.2010, 08:56 Uhr
Redaktion
© 2024 Energie & Management GmbH