Oil price movements on the back of Iran’s announcement of weapon testing completely dominated the fuel markets on Monday, lifting oil to a fresh year-high.
Going into the first week of April, a combination of geopolitical concerns and speculative buying lifted Brent crude for May to an intraday high of USD 67.93 a barrel before the contract settled up 0.93 from the previous session at 66.84. Yesterday’s peak was almost within one dollar of the intra-day record of 68.89 which was reached in the aftermath of the US hurricane season last autumn
Dienstag, 4.04.2006, 08:04 Uhr
Redaktion
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