London-Both the front-month ICE Brent and NYMEX crude futures contracts climbed Febru- ary 20 to heights not seen in at least eight months, with a combination of increased Iran geopolitical risk, a Chinese push to stimulate growth and hopes for a eurozone deal on Greek debt combining to maintain February's price rally. The April ICE Brent contract climbed to $121.15/b, its highest level since June 15, 2011, while March NYMEX crude peaked at $105.44, its highest price since May 5, 2011.
展开▼
