Warmer weather forecast and abundant supplies pushed oil prices down by more than one dollar on Wednesday.
With spring in sight, if not in the air, the end of the heating season is having a downward impact on the oil prices, according to one player cited by Bloomberg.Front month contract on Nymex dropped USD 1.06 to settle at USD 58.00 sharp, after trading between 57.50 and 59.26. The corresponding contract on the London based ICE traded between 57-58.83, ending the day at USD 57.43 a barrel (-1.35)
Donnerstag, 15.02.2007, 08:24 Uhr
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