Oil prices eased off on Wednesday as inventory figures turned out stronger than expected, balancing out geopolitical tension. Meanwhile, gas and coal prices continued their upward push.
Geopolitical tension is putting upward pressure on the oil market and some players fear that current sabre-rattling may spread to other parts of the region and further impact oil supply. "Currently the market is closely following Turkey and psychology is driving the market towards new highs," Thina Margrethe Saltvedt, oil analyst at Nordea told Montel Powernews. On Wednesday, Turkey's parliamen
Donnerstag, 18.10.2007, 08:17 Uhr
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