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Energie & Management > Commentary - Commodities - Oil breaks through 60 dollar
Commentary

Commodities - Oil breaks through 60 dollar

Oil prices surged in New York to record high levels above USD 60/bbl at Nymex during yesterday’s trading session on supply fears. As a consequence, gas prices also moved upwards, while carbon moved sideways, settling around the EUR 23/t mark.
Nymex crude contracts with delivery in August surged above the USD 60/bbl mark during the day, before settling at 59.42 (+1.33). The development was due to supply fears triggered by relatively strong price increases of petroleum product futures, notably heating oil contracts, which also are seen as an important factor for crude, according to Financial Times. IPE Brent for August delivery

Freitag, 24.06.2005, 11:26 Uhr
Redaktion
Energie & Management > Commentary - Commodities - Oil breaks through 60 dollar
Commentary
Commodities - Oil breaks through 60 dollar
Oil prices surged in New York to record high levels above USD 60/bbl at Nymex during yesterday’s trading session on supply fears. As a consequence, gas prices also moved upwards, while carbon moved sideways, settling around the EUR 23/t mark.
Nymex crude contracts with delivery in August surged above the USD 60/bbl mark during the day, before settling at 59.42 (+1.33). The development was due to supply fears triggered by relatively strong price increases of petroleum product futures, notably heating oil contracts, which also are seen as an important factor for crude, according to Financial Times. IPE Brent for August delivery

Freitag, 24.06.2005, 11:26 Uhr
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