Oil prices are continuing to rise on Thursday morning after the US Federal Reserve pledged to keep its quantitative easing programme in place and following a drop in US gasoline stocks reported the previous day.
The front month Brent North Sea oil contract was last seen USD 0.45 firmer day on day at USD 125.58/bbl while its WTI counterpart last traded USD 0.48 higher at USD 113.23/bbl.
On Wednesday evening, the Federal Reserve announced that it was leaving US interest rates unchanged at near-zero levels for an extended period, which weighed on the dollar and was "positive for commoditie
Donnerstag, 28.04.2011, 08:10 Uhr
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