Brent and WTI crude oil prices resumed opposing directions on Friday morning as the US responded to bullish economic news, while Europe remained weighed down by eurozone concerns.
The new front-month September contract for Brent North Sea crude oil was last seen changing hands at USD 115.96/bbl on the ICE platform, down USD 0.30 on Thursday's close, while the WTI August contract on Nymex traded USD 0.11 higher at USD 95.80/bbl.
"We've had a bounce back on the WTI as people began to focus more on bullish retail sales and US crude stocks data instead
Freitag, 15.07.2011, 08:28 Uhr
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