Brent crude oil extended yesterday's losses this morning, but has since climbed nearly back up to Thursday's settlement price of USD 96.24 a barrel. The rest of the fuel complex was bullish on Thursday.
Nymex April West Texas Intermediate fell 1.47 to USD 98.23 on Thursday after hitting a session high of USD 100.33 while ICE Brent crude oil for April lost USD 2.18 on Thursday to settle at 96.24 a barrel. The drop was triggered by a larger-than-expected increase of 4.2m barrels in US crude stocks last week, bringing levels to their highest since November last year.Coupled with weaker US
Freitag, 22.02.2008, 09:34 Uhr
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