After hitting a new all time high of USD 119.90/barrel yesterday, oil prices came down on rising US crude inventories.
The May WTI contract eventually expired at USD 119.37/barrel, and the new front month contract, June, settled a touch lower at USD 118.30/barrel (+0.23). Meanwhile in London , Brent for June closed at USD 116.46/barrel (+0.51).Prices fell back on profit taking and a surprisingly strong increase in US crude inventories of 2.4 million barrels last week, twice as much as expected. How
Donnerstag, 24.04.2008, 08:08 Uhr
Redaktion
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