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Energie & Management > Commentary - Commodities - Crude softens after new highs
Commentary

Commodities - Crude softens after new highs

Crude oil was trading at new record highs again in the morning session on Tuesday, but the afternoon saw prices softening as profit taking was believed to be taking place. Gas markets represented more of a mixed price picture, while carbon was mainly changing hands at around EUR 22.
The early trading in the crude oil markets yesterday saw futures at fresh highs before profit-taking made prices retreat in the afternoon. The September contract in New York hit a new record of USD 64.27/barrel early on, but eased by the end of day to settle at 63.07. The IPE Brent for front month hit 63.06 before retreating to a settlement price of 61.98, down 72 cents day on day. The t

Mittwoch, 10.08.2005, 08:54 Uhr
Redaktion
Energie & Management > Commentary - Commodities - Crude softens after new highs
Commentary
Commodities - Crude softens after new highs
Crude oil was trading at new record highs again in the morning session on Tuesday, but the afternoon saw prices softening as profit taking was believed to be taking place. Gas markets represented more of a mixed price picture, while carbon was mainly changing hands at around EUR 22.
The early trading in the crude oil markets yesterday saw futures at fresh highs before profit-taking made prices retreat in the afternoon. The September contract in New York hit a new record of USD 64.27/barrel early on, but eased by the end of day to settle at 63.07. The IPE Brent for front month hit 63.06 before retreating to a settlement price of 61.98, down 72 cents day on day. The t

Mittwoch, 10.08.2005, 08:54 Uhr
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