Oil prices are trading sideways on Thursday morning after the US government on Wednesday reported a decline of 3.9m bbl in commercial crude oil stocks.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 70.66/bbl on the ICE platform, down USD 0.19 on Wednesday's close.
Meanwhile the front month Nymex WTI contract was last heard USD 0.08 softer at USD 70.95/bbl. On Wednesday, the contract gained USD 0.56 to USD 71.03/bbl.
The August Brent delivery firmed USD
Donnerstag, 18.06.2009, 08:02 Uhr
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