Wednesday was a bearish day in all the fuels markets, and market players are questioning whether the current price level on oil is justified.
The US weekly inventories published Wednesday afternoon showed an increase in stocks for the second week in a row. Crude stocks increased by some 1.2 million barrels, strongly deviating from market players expectations of 500,000 to 1 million. The news gave a downward push to the prices and crude oil for November settled down 11 cents to USD 79.94 a barrel in New York. The demand for gas
Donnerstag, 4.10.2007, 08:05 Uhr
Redaktion
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