Oil prices are trading flat on Tuesday morning, holding on to prior-session gains ahead of expectations of a further drop in crude stocks, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands USD 0.01 firmer at USD 92.75/bbl, while the February WTI contract on Nymex last traded USD 0.10 firmer at USD 89.48/bbl.
US crude oil inventories are expected to have fallen 1.5m bbl over the last week, Phillip Futures analysts said.
JP Morgan analysts, meanwhile, see a 3.7m bbl we
Dienstag, 21.12.2010, 09:05 Uhr
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