Oil prices are continuing their upward momentum on Wednesday morning following substantial gains on Tuesday on the back of a weaker US dollar and with all eyes now on the day's Opec meeting, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 69.59/bbl on the ICE platform, up USD 0.17 on Tuesday's close. The contract gained USD 2.89/bbl in the previous session on the back of a weaker dollar.
In New York, the WTI October contract last traded at USD 71.42/bbl, up USD 0.32 on Tuesday's close when the contract gained U
Mittwoch, 9.09.2009, 08:49 Uhr
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