There is still "a lot of uncertainty” on the oil markets on Friday amid conflicting supply and macroeconomic signals, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 119.71/bbl on the ICE platform, up USD 0.14 on Thursday's close, while the WTI July contract on Nymex traded USD 0.19 lower at USD 101.74/bbl.
Despite Opec's decision not to raise production quotas this week, there is still "a flood of oil out there”, one Sydney-based oil broke
Freitag, 10.06.2011, 08:29 Uhr
Redaktion
© 2024 Energie & Management GmbH