Oil prices are trading sideways on Monday morning in a market clouded by poor US employment figures, with players awaiting evidence the economic recovery will be "V” shaped, analysts said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 68.10/bbl on the ICE platform, up USD 0.03 on Friday's close. The contract ended the week down USD 1.12 at USD 68.07 on Friday.
On Nymex, the WTI front month contract was last seen at USD 69.96/bbl, down USD 0.01 on Friday's close.
Poor employment data out of the U
Montag, 5.10.2009, 08:42 Uhr
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