Oil prices are continuing to rise on Friday morning driven by technical signals with little change in the geopolitical picture and concerns for oil supply.
The front month contract for Brent crude oil was last seen at USD 123.58/bbl, a rise of USD 0.91 on Thursday's close.
On Nymex, the WTI front month contract last traded at USD 111.15, up USD on Thursday's close, when the contract gained USD 1.47.
"It's just a continuation of the same old thing,” Tony Nunan, assistant petroleum risk manager
Freitag, 8.04.2011, 08:30 Uhr
Redaktion
© 2024 Energie & Management GmbH