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Commodities Briefing - Categorized | Commentaries, Price Watch more

Commodity bears aren’t going anywhere

Posted on 06 October 2011

Commodity prices enjoyed a sharp bounce Wednesday, but the recent bearish trend is far from over amid growing prospects for a global slowdown.
Oil prices rebounded more than 5% to $79.68 a barrel, a day after settling at the lowest level in over a year. Investors were somewhat encouraged Wednesday by a government report that showed crude inventories surprisingly fell by 4.7 million barrels last week as well……………………………………….Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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