The price of oil increased strongly on Friday after 15 British Navy sailors were taken prisoners by Iran. Meanwhile, the carbon market is expectant ahead of three NAP rulings at noon today.
Tensions between western nations and Iran have escalated after the capture of 15 British soldiers on Friday, and the effect has been clear on the oil price that rose by over a dollar in London to peak at USD 63.67/barrel on Friday. Eventually the contract adjusted back to close the day at 63.18, up 67 cents day on day. In New York, the front month crude contract gained 59 cents to 62.28.
Montag, 26.03.2007, 08:07 Uhr
Redaktion
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