Crude oil prices saw a major retreat on Friday as emergency measures were announced to ease the disrupted supply situation. Carbon continued to firm at the end of last week, while coal continued down, widening the gas-to-coal differential still further.
Crude oil prices tumbled close to two dollars as the IEA on Friday said that all 26 IEA member countries would take collective action in response to the interrupted oil supplies in the Gulf of Mexico caused by Hurricane Katrina. On Nymex, the US light, sweet crude oil for October settled 1.90 lower at USD 67.57/barrel, after trading above USD 70 earlier in the week. The IPE Brent front month ea
Montag, 5.09.2005, 09:05 Uhr
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