Oil prices are edging higher on Monday morning - following last week's near USD 5 loss for Brent amid the ongoing eurozone crisis - in line with Asian equities boosted by news China may step up efforts to boost economic growth, one analyst said.
The front month contract for Brent crude North Sea oil was last seen changing hands at USD 107.88/bbl on the Ice platform, up USD 0.74 on Friday's close.
On Nymex, the WTI front month June contract was last seen at USD 91.94/bbl, up USD 0.46 on the previous close.
Commodities markets have seen a halt to the recent sharp downtrend with a statement this we
Montag, 21.05.2012, 07:56 Uhr
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