While oil prices eased by over four dollars on expectations of reduced demand, other commodities continued to trade at record highs on Tuesday.
Both in New York and London, front month crude oil contracts for delivery in July ended the day down over four dollars at USD 128.85/barrel and USD 128.31/barrel respectively. The contracts had traded at session highs of over USD 133 a barrel.According to Thina Saltvedt at Nordea Bank, the price correction was a result of a stronger dollar combined with the possibility that some Asian co
Mittwoch, 28.05.2008, 08:21 Uhr
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