Oil futures are trading flat on Monday morning despite a warning by Chinese premier Wen Jiabao on the country's future economic expansion as current GDP figures showed their slowest pace of growth in three years.
The front month contract for Brent crude North Sea oil was last seen traded at USD 102.54/bbl, up USD 0.14 on Friday's close, on the Ice exchange.
On Nymex, the front month WTI crude oil contract was last seen USD 0.20 weaker at USD 86.90/bbl.
"What's really driving the market is one: China's second-quarter GDP figures, and secondly the US gover
Montag, 16.07.2012, 08:13 Uhr
Redaktion
© 2024 Energie & Management GmbH