06.06.2008 14:54

WTI Nymex crude oil is trading near $130.00 level

WTI Nymex crude oil is trading just below $130.00 level, following the sharp $6.0 rally on Thursday as dollar came under pressure in the wake of hawkish comments from ECB President Jean-Claude Trichet who put markets on heightened alert for a July rate hike. Crude oil prices are also bid on reports that Nigerian oil workers have threatened to strike. WTI Nymex crude oil is at $129.35, up $1.56.






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