Posted AT 3:41 PM EDT on 12/10/04
Oil prices ease
Oil prices retreated slightly Tuesday after surpassing $54 a barrel amid nagging concerns in the market that the global supply buffer is too thin to handle a significant output disruption.
“You can't go up every day. Eventually you have to have some kind of correction,” said Tom Bentz, a trader at BNP Paribas Futures in New York.
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