Supply concerns sent a bullish signal to the oil market yesterday, whilst carbon moved up a few cents said to be driven by buying interest and high German power prices.
Oil prices continued to climb amid news of growing demand. There is a concern among traders about the availability of petrol and diesel, where the “inventories are at the midrange of a long term average”, according to FT. Another factor said to be driving the oil price up was the higher US demand for petrol ahead of the Independence Day holiday today, traditionally one of the busies
Dienstag, 4.07.2006, 08:08 Uhr
Redaktion
© 2024 Energie & Management GmbH