Oil prices retreated again on Tuesday amid a stronger dollar and an apparent ceasefire in the Russia-Georgia conflict.
Oil prices continued to fall on Thursday. The ICE September Brent contract dropped USD 1.52 to close at USD 111.15.a barrel, while in New York Nymex September WTI lost USD 1.44 to settle at USD 113.01 a barrel. Players pointed to an apparent ceasing of Russian military activity in Georgia. "Market focus has been on the conflict in the Caucasus, but the stronger dollar and weaker Chinese
Mittwoch, 13.08.2008, 07:58 Uhr
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