Oil prices are consolidating from Friday's gains supported by a weaker US dollar against the euro amid last Thursday's announcement on a third round of economic stimulus by the US Federal Reserve, analysts said on Monday.
The November contract for Brent crude North Sea was last seen changing hands up USD 0.32 at USD 116.98/bbl on the Ice platform. On Friday, the contract settled USD 0.78 higher at USD 116.66/bbl.
On Nymex, the WTI front month was last seen at USD 99.10/bbl, up USD 0.10.
"We have arrived to a stage where having got the good news from the Federal Reserve [on qua
Montag, 17.09.2012, 08:12 Uhr
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