Oil prices are softening on Thursday morning after US data showed a higher build up of inventories than expected, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 44.40/bbl on the ICE platform, down 50 cents on Wednesday's close.
The US government reported on Wednesday that crude stocks rose by 6.2m barrels last week, well above the expected level of around 2.9m barrels.
"A weak dollar vs the pound and euro
Donnerstag, 29.01.2009, 08:10 Uhr
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