Oil prices are "holding relatively steady” on Thursday as persisting concerns about Iran offset "dismal” economic data, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 118.30/bbl on the Ice platform, up USD 0.10 on Wednesday's close, while the WTI June contract on Nymex traded USD 1.11 lower at USD 105.11/bbl.
"We're in a holding pattern because the market is awaiting either an escalation in tensions between Iran and the west, or a stand down,̶
Donnerstag, 3.05.2012, 08:11 Uhr
Redaktion
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