Oil prices are trading a touch higher on Monday morning, supported by production outages in the Gulf of Mexico, "but everything hangs on Europe” going forward, according to one analyst.
The front month Brent crude oil contract last traded at USD 91.47/bbl, up USD 0.49 on Friday's close on the Ice exchange. At Nymex, the front month WTI crude oil contract was last seen USD 0.55 stronger at USD 80.31/bbl. "Basically oil is just holding its ground and trading around more or less where it closed on Friday,” said Ric Spooner of CMC Market in Sydney. "The most like
Montag, 25.06.2012, 09:09 Uhr
Redaktion
© 2024 Energie & Management GmbH