All energy markets came off yesterday, but oil prices firmed in New York on speculation that the US will cut interest rates.
Oil prices rose in New York after the US Federal Reserve chairman Ben S. Bernanke said it may be necessary to cut interest rates further to support growth. Moreover, prices were lifted following threats by militants in Nigeria to disrupt supplies, Bloomberg reports. Crude oil for February delivery rose 91 cents to USD 94.62 a barrel in after-hours electronic trading on the New York Merca
Freitag, 11.01.2008, 08:42 Uhr
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