The recent oil rally has come to an end with prices softening on Tuesday morning, with concerns over Ireland's debt situation lifting the US dollar to a six-week high against the euro on Monday, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 86.37/bbl on the ICE platform, down USD 0.39 on Monday's close.
On Monday, the Brent front month firmed USD 0.36 to settle at USD 86.70/bbl, while in New York the WTI front month contract closed USD 0.02 lower at USD 84.86/bbl.
Oil futures had fallen in line with weake
Dienstag, 16.11.2010, 08:27 Uhr
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