Oil prices have again largely shrugged off a bearish surge in US oil stocks, as the market remains focused on the efforts of global banks to stimulate economic growth, players said on Thursday.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 111.19/bbl on the Ice platform, up USD 0.67 on Wednesday's close, while the WTI January contract on Nymex traded USD 0.41 higher at USD 100.77/bbl.
The decision by the US central reserve [on Wednesday] and the Chinese central bank to pump dollars into the global financial system has been
Donnerstag, 1.12.2011, 08:18 Uhr
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