Movements were mixed for crude oil yesterday, widening the spread between the Brent and Nymex WTI.
The ICE traded Brent closed yesterday’s session sideways at USD 70.45 a barrel, up a marginal five cents, as a storm in the Middle East fuelled support to the market. A cyclone, which hit Oman, caused the temporary closure of a terminal shipping 650,000 barrels a day of oil, according to Financial Times. Volatility was limited as the July front month contract traded at an intraday high of
Mittwoch, 6.06.2007, 08:30 Uhr
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