Oil prices lost considerable strength for the third day in a row on Thursday, hitting the lowest price in over a month, but are recovering this morning.
According to Financial Times, Thursday's sharp fall in US natural gas prices to the lowest level since early May contributed to drag oil down. The gas price reduction was a result of larger than expected inventories and broke the recovery for US crude, which at one point yesterday was seen at a session high USD 2.15 above the Wednesday settlement at USD 136.76/bbl. At the end of the
Freitag, 18.07.2008, 08:20 Uhr
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