Oil prices are falling on Friday morning after the steep gains seen the previous session on the back of bullish US employment data.
The front-month contract for Brent North Sea crude oil was last seen changing hands at USD 117.90/bbl on the Ice platform, down USD 0.69 on Thursday's close, while the WTI August contract on Nymex traded USD 0.11 lower at USD 98.56.bbl.
"People are taking profit after Thursday's gains and because it's Friday we are seeing some closing of positions,” on
Freitag, 8.07.2011, 08:26 Uhr
Redaktion
© 2024 Energie & Management GmbH