Oil prices rose for the fourth day in a row on Friday, closing at the highest levels in two weeks. Elsewhere in the commodities markets prices subsided before taking a week-end break.
After losses of around six dollars through wk 14 and 15, oil rebounded again last week on the back of mixed bullish signals. Some pointed to comments made by Saudi oil minister Ali Naimi indicating that fundamentals did not warrant any hike in OPEC output in the short term. Others said nervousness over US refinery capacity was lifting the market to a fresh two-week high. “Like crud
Montag, 25.04.2005, 09:05 Uhr
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