Oil prices are rising on Thursday on a weakening US dollar, after the US government said interest rates are likely to remain flat for the coming three years.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 110.68/bbl on the Ice platform, up USD 0.87 on Wednesday's close, while the WTI March contract on Nymex traded USD 0.76 higher at USD 100.16/bbl.
The US Federal Reserve said on Wednesday it does not expect to raise interest rates in the US until late 2014.
"The market is react
Donnerstag, 26.01.2012, 08:11 Uhr
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