Oil prices are softening on Thursday amid an unexpected rise in US crude stocks, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 85.60/bbl on the ICE platform, down USD 0.24 on Wednesday's close, while the WTI January contract on Nymex traded USD 0.16 lower at USD 83.70/bbl.
US commercial crude oil inventories increased by 1m bbl to 358.6m bbl in the week ending 19 November, said the US Energy Inform
Donnerstag, 25.11.2010, 08:27 Uhr
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