Oil prices are little changed on Thursday as a bearish rise in US crude stocks has been offset by strong equity markets, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 97.86/bbl on the ICE platform, down USD 0.05 on Wednesday's close, while the WTI March contract on Nymex traded USD 0.13 lower at USD 87.20/bbl.
US commercial crude oil inventories rose by 4.8m bbl to 340.6m bbl in the week ending 21 January, said the US Energy Information Admi
Donnerstag, 27.01.2011, 08:22 Uhr
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