Oil prices are rising further on Thursday with the US dollar trading at its lowest levels since December 2009, coupled with an unexpected drop in US crude stocks.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 124.65/bbl on the ICE platform, up USD 0.80 on Wednesday's close, while the WTI June contract on Nymex traded USD 0.68 higher at USD 112.13/bbl.
At the time of writing, the dollar had weakened to 1.4573 against the euro, against 1.4524 at Wednesday's close, a 3% deviation from the be
Donnerstag, 21.04.2011, 08:24 Uhr
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