Sun, Aug 31, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch, Trends more

Oil plunge hints at end of commodities boom

Posted on 06 May 2011

The price of oil tumbled by nearly $10 a barrel– dragging silver, gold, copper, lead and tin with it – as mounting concerns about the US economy fuelled speculation that the commodities boom may be ending.

As traders questioned whether the £36bn flotation of commodity trading giant Glencore marked the top of the market, most of the world’s key resources suffered another day of substantial declines……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31