Oil prices are rising on Tuesday supported by positive economic data from China and ongoing tensions between western countries and Iran.
The front month Brent crude oil contract last traded at USD 108.82/bbl in its first trading day of the New Year on the Ice exchange, up USD 1.44 from Friday's close. At Nymex, the February WTI crude oil contract was last seen USD 1.98 higher on Friday's settlement, at USD 100.81/bbl. "At the moment, the impact from purchasing managers index (PMI) data out of China is supporting the marke
Dienstag, 3.01.2012, 08:41 Uhr
Redaktion
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