Oil prices have firmed on Monday morning after Friday's rally which saw crude prices rise on stronger equity markets, said players.
The Nymex traded WTI front month was last seen changing hands at USD 53.45/bbl, up USD 0.25 on Friday's close.
Financial markets continued to play a large role in crude oil's recent consolidation phase as the current out-performance of several Western equity indexes, such as the S&P 500, had indicated optimism that the worst of the recent economic decline is behin
Montag, 4.05.2009, 08:17 Uhr
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