Oil prices are edging higher on Monday due to the return of increasing risk appetite for commodities and a slide in the US dollar, said players.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 78.34/bbl on the ICE platform, up USD 0.16 on Friday's close.
Major Asian equities gained this morning, the sixth daily rise in seven days, on increased profit forecasts, lending support to crude markets already buoyed by the return of a positive risk environment for commodities, said mar
Montag, 2.08.2010, 08:13 Uhr
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