With strong gains in oil prices, there was bullishness across the whole energy complex on Thursday. Crude oil prices appears to be racing to the USD 90 a barrel mark on the back of a weaker dollar and supply fears.
Prices in London and New York rose by over 3 dollars yesterday, with the Brent front month contract closing up USD 3.11 to USD 87.48 a barrel and the Nymex December WTI ended the day at USD 90.46/bbl, a gain of USD 3.36. This morning the Brent December contract has already gained over a dollar, last traded at 88.65, up 1.17.Market players attributed the surge in oil prices to a drop in U
Freitag, 26.10.2007, 08:08 Uhr
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