Oil prices are edging upwards on Thursday amid persisting concerns about Iran and optimism regarding Greece's economy, although gains are expected to be limited, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 124.26/bbl on the Ice platform, up USD 0.14 on Wednesday's close, while the WTI April contract on Nymex traded USD 0.25 higher at USD 106.41/bbl.
"We still have a problem in Iran, as no deal's been reached, so EU sanctions [on oil exports] will start in July,” Benson Wang, oil
Donnerstag, 8.03.2012, 08:16 Uhr
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