Oil prices are trading sideways on Friday morning as participants speculate whether the market has seen the worst of the recent sell-offs.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 114.25/bbl on the ICE platform, down just USD 0.05 on Thursday's close, while the WTI October contract on Nymex traded USD 0.14 lower at USD 88.79/bbl.
"We're out of the woods regarding the big falls in the last month. We seem to have put in a bottom,” Tony Nunan, oil analyst a
Freitag, 2.09.2011, 08:20 Uhr
Redaktion
© 2024 Energie & Management GmbH