Oil prices fell for the sixth day on Thursday on concerns that oil demand was slowing in the US. Gas and coal continue down as well, while carbon prices were volatile yesterday.
Players speculated that the slowdown in oil demand might be part of a long term trend and not just a short term disruption caused by the hurricane season. IPE Brent for November delivery dropped 1.75 dollars to close at USD 58.37 a barrel. The benchmark Brent price is more than 10 dollars below its high of USD 68.89 reached after Hurricane Katrina struck in August, the Financial Times reports.
Freitag, 7.10.2005, 08:48 Uhr
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