Oil prices continue to rise on Friday morning following Thursday's supportive statements from the European Central Bank (ECB) president, but trading may be quiet ahead of Friday's US GDP data.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 105.78/bbl on the Ice platform, up USD 0.52 on Thursday's close, while the WTI September contract last traded USD 0.43 higher at USD 89.83/bbl.
"Yesterday's comments have been positive for risk and for oil, but the US GDP data will be the main focus of the market today, I don&apo
Freitag, 27.07.2012, 08:18 Uhr
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