Oil Traders Keep Eyes on Greece as Brent’s Premium Narrows

摘要

Oil markets were mixed Monday as theGreek financial crisis dominated the news flowagain, driving Brent prices down as traders lostconfidence in the European market.Nymex July crude futures closed at$93.26 per barrel, up 25￠. More widelytraded Nymex August crude rose 23￠ to$93.63. In London on ICE Futures, AugustBrent dropped $1.52 to $111.69.European finance ministers gave Greekofficials two weeks to make big budget cuts,saying that if they don’t then other Europeancountries may not provide them with further financial assistance.