Oil prices are looking a touch weaker on Tuesday morning amid a strengthening US dollar and "huge” US crude oil inventories, said analysts.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 78.17/bbl on the ICE platform, down USD 0.40 on Monday's close.
While expectations that quantitative easing to support the ailing US economy would support crude oil going forward, it was pressured by weak short-term fundamentals as huge inventory levels kept were stable or increasing
Dienstag, 28.09.2010, 08:10 Uhr
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