Oil prices are trading flat on Wednesday morning after rising in the previous session despite weak industry inventory figures from the US, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 79.35/bbl on the ICE platform, unchanged from Tuesday.
On Nymex, the WTI January contract was last seen at USD 78.34/bbl, down USD 0.03 on Tuesday's close.
The Brent front month gained USD 0.88 to close at USD 79.35/bbl on Tuesday, while Nymex
Mittwoch, 2.12.2009, 08:16 Uhr
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