Oil prices look a touch softer in line with weaker Asian equities on Monday morning after disappointing US corporate earnings and a consumer sentiment report in the previous session suggested the economic recovery has "stalled”, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands down USD 0.10 at USD 75.27/bbl on the ICE platform.
On Friday, the Brent September contract closed down USD 0.72 at USD 75.37/bbl, following trades in a USD 74.64-76.48/bbl range, while the WTI front month on Nymex shed USD 0.61 to close at 76.01/bbl.
Weaker equity markets and
Montag, 19.07.2010, 08:09 Uhr
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