Brent crude oil prices have risen USD 4 week on week despite a well-supplied market, analysts said on Monday morning.
The front month contract for Brent North Sea crude oil was last seen changing hands USD 0.75 stronger at USD 113.70/bbl on the Ice platform, after edging USD 0.27 lower on Friday.
On Nymex, the WTI front month contract was last seen at USD 93.31/bbl, up USD 0.44 on close.
"Oil prices are up due to supply concerns following an accident near the Strait of Horm
Montag, 13.08.2012, 08:24 Uhr
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