Oil prices are firming on Friday amid heightened geopolitical risks in the Middle East as the EU is preparing an oil imports embargo on Iran.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 109.45/bbl on the Ice platform, up USD 0.46 on Thursday's close.
Brent crude oil futures fell USD 1.53 on Thursday to settle at USD 108.99/bbl as investors focused on signs of further economic slowdown in Europe and a weaker factory sector in China rather than strong US manufactur
Freitag, 2.12.2011, 08:08 Uhr
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