Oil prices continued down yesterday after new US inventory data eased fears over potential supply shortages.
Crude for March delivery at Nymex fell by USD 1.21/barrel to settle at 65.85 while the corresponding Brent contract on London’s ICE dropped 1.11 to USD 64.23/barrel.The main reason for the decline was a larger than expected increase in US gasoline and distillate inventories last week, easing concerns over supply problems. This increase was considered more important that a surprisin
Donnerstag, 26.01.2006, 08:35 Uhr
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