Geopolitical concerns over Nigeria and Iran have been cited as having spurred the more than 10 per cent rise on oil futures over the past three weeks, and on Monday Brent crude oil moved up 0.67 day on day to settle at USD 62.93 a barrel.
The front month contract reached an intraday high of USD 63.18 a barrel following an attack by militants on one of Royal Dutch Shell’s facilities in Nigeria . This created the impression that the security of Nigerian exports “is being compromised” one source in the told FT.Oil prices continued to increase in early morning trading Tuesday and the front month was last see
Dienstag, 17.01.2006, 08:38 Uhr
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