Oil prices are edging lower on Tuesday morning amid a stronger US dollar, with the market set for a correction following the recent investor-led rally, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 88.34/bbl on the ICE platform, down USD 0.12 on Monday's close.
On Monday, Brent firmed USD 0.35 to USD 88.46/bbl, while in New York WTI rose USD 0.21 to USD 87.06/bbl.
Crude oil prices were trading a touch lower driven by the US dollar strengthening again
Dienstag, 9.11.2010, 08:10 Uhr
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