Power related commodity markets opened strongly on Thursday, but eased off again during the day. However, crude oil prices are firming again Friday morning.
Crude oil for May rose to USD 106.45/barrel in New York yesterday, but eased off to settle at USD 103.83 (-1.00). However, the contract has risen above USD 104 again this morning.Rising crude oil prices are attributed to lower refinery production and unplanned plant shutdowns curbing supplies of gasoline and other fuels. The latest US weekly inventories data showed an unexpectedly large
Freitag, 4.04.2008, 08:01 Uhr
Redaktion
© 2024 Energie & Management GmbH