Oil prices are trading range-bound on Monday morning supported by increasing optimism in global economic recovery and the EUR 110bn Greece bailout agreed by eurozone ministers, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 87.38/bbl on the ICE platform, down USD 0.06 on Friday's close.
On Friday, the Brent front month gained USD 0.54 to settle at USD 87.44/bbl, while in New York the WTI crude oil rose USD 0.98 to USD 86.15/bbl.
Increasing confidence in
Montag, 3.05.2010, 08:33 Uhr
Redaktion
© 2024 Energie & Management GmbH