Crude oil prices rallied yesterday as North American and European central banks take action to end the credit squeeze.
In New York , crude oil for January closed at USD 94.39/barrel, up USD 4.37 day on day. The strong oil rise followed news that central banks plan to co-ordinate actions to fight off the credit crunch and improve liquidity in global financial markets, the Financial Times reports. This could support continued energy demand.However, the front WTI in New York dropped below USD 94 again in af
Donnerstag, 13.12.2007, 08:00 Uhr
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