Oil prices are down USD 2 on Tuesday morning after a fresh explosion at Japan's Fukushima nuclear power plant caused selling across markets.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 111.60/bbl on the ICE platform, down USD 2.07 on Monday's close.
"Crude oil gains were capped due to worries that oil demand from Japan will be lower subsequent to the earthquake,” analysts at Phillip Futures said in a note, with the Asian nation the third-largest importer of
Dienstag, 15.03.2011, 08:13 Uhr
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