Despite that Opec last Thursday agreed to cut oil production by 1.2 million barrels a day, crude oil markets ended the week in a soft sentiment.
In London, the December Brent contract edged south (-1.19) to settle at USD 59.68/bbl. The contract traded within a two dollar range on Friday, with an intraday high at 61.55 and a low of 59.55.In New York , the November contract expired at the end of Friday’s trading session and saw major volatility on its last trading day. The Nymex WTI for November dropped 1.68 day on day to set
Montag, 23.10.2006, 08:10 Uhr
Redaktion
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