Oil prices are continuing up this morning on the back of weaker than expected US gasoline inventories. Carbon adjusted down yesterday as some industrial sellers were believed to clean up their balance sheet.
US oil inventories rose by 1.4m barrels to 347.1m last week, its highest level for eight years. But the increase was outbalanced by a weaker than expected rise in US petrol inventories, pushing prices across the energy territory upwards, Financial Times reports.The front month Brent contract is currently trading at around USD 69.40/barrel, up 23 cents from yesterday’s settlement pr
Donnerstag, 22.06.2006, 07:57 Uhr
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