Oil prices are softening on Monday morning on the back of a strengthening dollar but players predict a volatile week ahead with key macroeconomic data expected from China and the US, they said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 64.63/bbl on the ICE platform, down USD 0.48 on Friday's close, when it had ended the day up USD 0.29 on the previous session.
On Nymex, the WTI November contract was last seen at USD 65.53, a USD 0.49 drop compared with Friday's close.
"Oil started to come off as
Montag, 28.09.2009, 08:14 Uhr
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