February Brent Crude Trading

LONDON (AFX) - Brent crude futures were flat in thin volumes as the few
remaining traders squared positions ahead of the New Year bank holiday break,
dealers said.
At 11.12 am, Brent crude futures for February delivery were down 2 cents at
40.33 usd/barrel.
"It is insane that we are here still on the trading floor," considering the
thin volumes we are experiencing and the fact that the New York Mercantile
Exchange is closed today, said GNI-Man Financial trader Kevin Blemkin.
"However oil prices are expected to rally before the earlier close," at 1.00
pm, he added.