Crude oil prices are extending their losses on Wednesday morning from the previous session as concerns about the state of US economy keep oil prices under selling pressure.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 115.78/bbl on the ICE platform, down USD 0.68 on Tuesday's close.
On Nymex, the WTI September contract was last seen at USD 93.27/bbl, down USD 0.52 on previous close.
Crude oil prices remain under pressure due to the lack of confidence in the US economy, said managing directo
Mittwoch, 3.08.2011, 08:26 Uhr
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