Oil prices are rising on Friday morning, supported by a stronger euro following well-received bond auctions in Europe and as an EU ban on Iranian oil imports edges closer.
The front month Brent crude oil contract on the Ice exchange last traded at USD 111.97/bbl, up USD 0.42 on Thursday's close.
The March WTI crude oil contract was last seen USD 0.28 firmer at USD 100.82/bbl.
Oil is also still seeing strong support from a potential EU embargo on Iranian oil imports, a Syd
Freitag, 20.01.2012, 08:13 Uhr
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