Supply fears are boosting oil prices on Wednesday morning although concerns regarding the health of the global economy amid a possible Greek default also remain at the forefront, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 118.20/bbl on the Ice platform, up USD 0.85 on the previous close, while the WTI Nymex March contract last traded USD 0.85 higher at USD 101.60/bbl.
Tensions in Iran and Syria are still ongoing, prompting concerns about Middle Eastern supply, while Sudan has also become an issue, one trader sa
Mittwoch, 15.02.2012, 08:33 Uhr
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