The price of crude oil eased significantly during yesterday’s session after the US stated it would not seek immediate sanctions against Iran.
Crude oil prices saw major volatility during yesterday’s trading session with prices ranging in a three dollar sphere both inNew York and London.
The Nymex WTI for March traded at USD 67.19/bbl early in the session, saw a low of 64.40 and settled at 64.68, which was down 1.88 day on day. The ICE Brent dropped more than two dollars, settling at 62.88, following an intraday range of 62.53-65.52. Prices were near a three-week low after the US stated it would not immediately seek sanctions against Iran. The statement eased concern tha
Freitag, 3.02.2006, 08:41 Uhr
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