While the weaker dollar makes people swap cash for commodities, lifting oil prices further away from the USD 100 mark, coal prices are gaining ground on the back of pressure from the fixing of the Australia-Japan benchmark price.
In the oil market, the front month WTI crude contract on Nymex climbed USD 2.86 to settle at USD 109.09/barrel, whereas the Brent contract for May delivery in London finished up USD 2.24 at USD 107.14/barrel. At the time of writing, the contracts were seen at USD 108.86 and USD 106.91 respectively. According to oil trader Fridtjof Hannevig at Norwegian Oil Trading the release of lower th
Dienstag, 8.04.2008, 08:11 Uhr
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