Prices for crude oil once again hit new records Wednesday, with analysts pointing to the weaker dollar as the main factor behind the bullish move. There are however mixed opinions on whether the current price level is sustainable going forward.
On the Nymex exchange in New York , prices for light sweet crude oil closed at USD 114.93/barrel, which was USD 1.14 higher than the previous day. The session high was USD 115.14/bl.In London, the June contract for Brent crude gained USD 1.35 on the previous session, with a closing price of USD 112.66/bl. The contract hit a high of USD 112.83/bl earlier in the session. At the time of wri
Donnerstag, 17.04.2008, 08:21 Uhr
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