Oil prices are softening on Thursday amid profit-taking, and as the US dollar strengthens for the first time in a week and US gasoline inventories prove less bullish than had been expected, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 110.46/bbl on the ICE platform, down USD 0.14 on Wednesday's close, while the WTI September contract on Nymex traded USD 0.41 lower at USD 87.17/bbl.
The US dollar was last seen at 1.4395 against the euro, slightly stronger than Wednesday's close of 1.4438, after weakening by almost
Donnerstag, 18.08.2011, 08:09 Uhr
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