The geopolitical uncertainty is keeping market players on their toes as oil continues to trade around the USD 70/bbl level.
The volatile situation in Nigeria and possible supply disruptions is a concern that puts an upward pressure on oil prices at the moment. Meanwhile, stock figures showed a surprising rise by 6.9 million barrels to around 349 million last week, contributing to a downward mid-week movement in the oil market. Market players also expect the situation to improve further this week as more refineries a
Montag, 25.06.2007, 08:41 Uhr
Redaktion
© 2024 Energie & Management GmbH