The oil price fell yesterday afternoon after new US inventory data were released. Meanwhile, the 2008 carbon contract was again knocking on the EUR 20/tonne mark.
Having risen strongly on political unrest in Nigeria on Tuesday, it was the release of healthy US inventory data that drove prices the most yesterday. Data from the US Department of Energy showed that crude inventories in the country rose by 5.6 million barrels in the week ending 4 May. Petrol inventories rose by 0.4m barrels, the first rise in 13 weeks.Consequently, crude contracts fell
Donnerstag, 10.05.2007, 08:25 Uhr
Redaktion
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