Crude oil prices traded below USD 80 a barrel on profit taking, but the players are not so sure that the movement will persist.
Oil for front month delivery shed USD 1.42 to USD 79.53 a barrel on the New York Mercantile Exchange. Brent crude oil for November settled at USD 77.62 a barrel, down USD 1.29 on ICE. This morning, the contract was last seen at USD 77.86/barrel in London.As the oil prices have been falling since the beginning of the week, players are contemplating whether the move is a correction or if t
Mittwoch, 26.09.2007, 08:21 Uhr
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