Oil prices are rising amid strength in equity markets and a weakening dollar on Monday morning but there is limited room on the upside, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 71.06/bbl on the ICE platform, up USD 0.74 on the previous close. In New York, the WTI September contract last traded at USD 68.74/bbl, up USD 0.69.
On Friday, the Brent contract ended the day USD 1.07 higher at USD 70.32 after having traded in a USD 68.69-70.46/bbl range, while the WTI contr
Montag, 27.07.2009, 08:17 Uhr
Redaktion
© 2024 Energie & Management GmbH