Oil prices are rising in line with bullish Asian stock markets, while there are also a number of supportive factors on the fundamental side, an analyst said on Thursday.
The September contract for Brent North Sea crude oil was last seen changing hands at USD 105.92/bbl on the Ice platform, up USD 0.76 on Wednesday's close, while the WTI August contract on Nymex, which has not yet expired, traded USD 0.63 higher at USD 90.50/bbl.
"We're on the way up, tracking equity markets in general, but there're also a number of factors supporting
Donnerstag, 19.07.2012, 08:07 Uhr
Redaktion
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