Oil prices are extending gains seen in the previous session on Tuesday as a US manufacturing index hit its highest level for several years in January indicating the economy is on the road to recovery, players said.
The front month contract for Brent North Sea crude oil was last seen changing hands up USD 0.17 at USD 73.28/bbl on the ICE platform, while the WTI March contract on Nymex last traded USD 0.19 higher at USD 74.62/bbl.
On Monday, the Brent contract gained USD 1.65 to close at USD 73.11/bbl, following trades in a USD 71.13-73.65/bbl range, while the WTI contract ended the day USD
Dienstag, 2.02.2010, 08:26 Uhr
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