Oil prices are weakening on Thursday morning on the back of news that Chinese GDP growth slowed in the second quarter combined with a rise in US product inventories, one analyst said.
The front month contract for Brent North Sea crude oil - which expires at the end of the trading session - was last changing hands down USD 0.39 at USD 76.38/bbl on the ICE platform.
On Wednesday, the Brent contract closed up USD 0.12 at USD 76.77/bbl, following an intraday high of USD 77.79/bbl. The WTI August contract on Nymex shed USD 0.11 to end the day at USD 77.04/b
Donnerstag, 15.07.2010, 08:18 Uhr
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