Oil prices are edging lower ahead of Wednesday's Opec meeting in Vienna as players anticipate that the oil cartel will raise its production targets.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 116.15/bbl on the ICE platform, down USD 0.63 on Tuesday's close. On Nymex, the WTI front month contract was last seen at USD 98.67/bbl, up/down USD 0.42 on Tuesday's close. "It will be all about Opec today. Oil prices have pulled back as it seems like Opec is going to raise their o
Mittwoch, 8.06.2011, 09:12 Uhr
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