Crude oil prices are slightly higher on Tuesday morning following Monday's rollercoaster ride on news of potential Opec cuts and the hijacking of a Saudi Arabian oil tanker off the coast of East Africa.
At the time of writing, the Brent North Sea and WTI January contracts were changing hands at USD 52.67/bbl, up USD 0.36 and USD 55.48/bbl, up USD 0.53, respectively. Crude prices got a short-lived boost on Monday as the Opec cuts finally became visible on the horizon and the hijacking of the tanker Sirius Star by Somalian pirates caused a stir in the market, trader Fridtjof Hannevig at N
Dienstag, 18.11.2008, 08:31 Uhr
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