Oil rose for the fourth day in a row on Wednesday amid concerns that the tropical storm Gustav could cause supply disruptions in the Gulf of Mexico during the weekend.
Nymex October sweet crude gained USD 1.88 to settle at USD 118.15, while ICE October Brent rose USD 1.59 to USD 116.22 a barrel. Thursday morning, the London contract had moved further up to USD 117.04/bbl.The storm may be the worst to affect the area since 2005, potentially causing outages to significant parts of US oil output. An unexpected decline in crude stocks following the releas
Donnerstag, 28.08.2008, 08:15 Uhr
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