Oil prices are firming on Monday morning with a strong economic outlook fuelling the bullish sentiment, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 95.06/bbl on the ICE platform, up USD 0.31 on Friday's close.
Low interest rates and a strong economic outlook remained the two factors underpinning crude prices, said Ilya Spivak, analyst at DailyFX in a note.
"Prices will likely gravitate higher as long as the news flow stay
Montag, 3.01.2011, 08:07 Uhr
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