Oil Prices Rebound on Markets' Optimism Over Greece, After Plunging When IEA Started Releasing Strategic Stocks

摘要

It does not happen every day, but the situation of Greece has had the effect of driving oil prices back up again. Or, to be more precise, oil prices rebounded on 28 June because of the markets' expectations that the international community would release additional funds to help the country overcome the threat of a debt default in the very near future. On ICE Futures in London, North Sea Brent was fetching $108.78/barrel for August contracts at the close on 28 June, representing a rise of $2.79/b over the day before. On the New York Mercantile Exchange (Nymex), which is part of the CME Group, light sweet crude gained $2.28/b that day to close at $92.89/b, also for August.