Crude oil prices moved further north fuelled by geopolitical concerns, while utility buying was seen as the main driver for gains in the carbon market.
Continuing concerns over Iran’s nuclear programme as well as the threats by Nigerian militants of more aggression against oil workers fuelled the bull market, Financial Times reports. Furthermore the IEA reported that a rebound in Chinese demand and rising US consumption would lift global oil demand by 2.2 per cent this year. The Nymex WTI gained USD 2.39 day on day to USD 66.31/bb
Mittwoch, 18.01.2006, 08:35 Uhr
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