Oil prices are gaining slightly on Friday morning following a fall on Thursday on demand concerns, but appear to have found a floor for the time being, said one analyst.
The front month Brent crude oil contract was last seen at USD 111.62/bbl, up USD 0.20 on Thursday, when the contract shed USD 0.88 day on day.
Nymex WTI crude oil for July settled down USD 1.63 day on day at USD 98.93/bbl on Thursday, and was last seen USD 0.30 higher at USD 99.23/bbl.
"The market is schizop
Freitag, 20.05.2011, 07:53 Uhr
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