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Commodities Briefing - Categorized | Commodity Crisis, Oil, Price Watch more

Oil leads huge slump in commodities

Posted on 28 October 2008

From Chinapost.com.tw: Crude oil, copper and gold led a drop in commodities, heading for the worst month in at least 38 years, on expectations a global recession will curb raw-material demand.

Oil extended four consecutive weekly declines, copper traded at a three-year low and the slide in gold increased the chances of the metal breaking its seven-year winning streak….. Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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