Oil prices are trading more than USD 2 higher than Friday's close on Monday morning, following Spain's decision at the weekend to accept EU financial help for its ailing banks.
The front month contract for Brent crude North Sea oil was last traded at USD 101.67/bbl, up USD 2.20 on the previous close, on the Ice exchange.
On Nymex, front month WTI crude oil was last seen USD 2.02 higher at USD 86.12/bbl.
"The market has gone up substantially... and oil futures are really reacting to a number of developments - first and foremost the re
Montag, 11.06.2012, 08:28 Uhr
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