More than half of Wednesday's price leap on oil was reversed yesterday as players once again paid attention to gloomy economic outlooks in the US.
Meanwhile, coal rose more than gas, improving the attractiveness of gas fired power production in Europe. Brent crude for September reached a high of USD 127.52/barrel early on yesterday, but fell back to settle at USD 123.53/barrel, down 3.12 day on day. A similar story was seen in New York, where WTI for September fell back 2.69 to USD 124.00/barrel. Both contracts were trading further do
Freitag, 1.08.2008, 08:03 Uhr
Redaktion
© 2024 Energie & Management GmbH