Oil and coal prices continued to strengthen last week, pulling other energy related commodities along.
WTI for July settled at USD 132.19/barrel on Friday, up 1.38 day on day and while the front month Brent contract edged up 1.06 to USD 131.57/barrel. Both contracts reached all time highs of 135.07 and 135.14 respectively earlier in the week.A surprising fall in US inventory data and strong Asian demand fuelled the upside last week and analyst Eclipse Energy believe prices to continue up.
Montag, 26.05.2008, 08:33 Uhr
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