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Can commodities continue their climb?

Posted on 25 March 2011

You don’t have to scour the front pages for long to find a bullish commodity story. The bombing of Libya and political unrest in the broader Middle East and North Africa region increases fears over oil-supply security and pushes up the price of crude.
Oil topped $106 a barrel Thursday before pulling back, with crude for May delivery settling down 15 cents a barrel at $105.60 on the New York Mercantile Exchange. The futures contract closed Wednesday at its highest level since Sept. 26, 2008……………………………………….Full Article: Source

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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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