Crude oil rose from a one-week low on expectations that Opec will agree to cut production. Carbon prices strengthened slightly as well, while coal and gas contracts mainly fell in value.
Opec will meet in Quatar today to discuss plans to curb output and support oil prices. According to players, the market has already priced in a 1m barrel a day cut and some investors believe Opec will reduce output further before the end of the year if crude prices continue to weaken.Crude oil for November delivery on the Nymex gained 40 cents to USD 58.05 a barrel in after-hours electro
Donnerstag, 19.10.2006, 08:00 Uhr
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