Crude oil prices continue to climb upwards this morning amid speculation that Opec will announce further production cuts before the end of the year.
The front month Brent contract was last seen traded 16 cents above Friday's close at USD 49.35/bbl this morning, while the WTI January product in New York last changed hands at USD 50.27/bbl (+0.34).
According to traders, prices recovered at the end of last week following rallies in European and Asian stock markets. "[USD] 50 is the dividing line and I think
Montag, 24.11.2008, 08:24 Uhr
Redaktion
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