Oil prices gained strongly yesterday on geopolitical concerns and a leak on of Russia’s biggest oil pipelines.
The front month Brent contract at the ICE settled at USD 75.15/barrel, up 1.76 from Friday’s settlement while the front month contract in New York gained 1.16 to end the day at 74.40.Prices rose after Israel dashed hopes for an immediate ceasefire in Lebanon and the news of a leakage on of Russia ’s biggest oil pipelines, according to Reuters. In addition, the UN Security Cou
Dienstag, 1.08.2006, 08:04 Uhr
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