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Commodities Briefing - Categorized | Oil, Price Watch more

Demand jitters take oil price back below $100

Posted on 02 May 2013

Oil prices have lost the key $100 a barrel level for the second time in a month as poor economic data from China and the US added to jitters about demand.
ICE June Brent crude oil fell as much as 3.4 per cent to a session low of $98.87, highlighting lingering nerves in a market that fell 7 per cent last month. The sell-off in oil also bled into other commodity markets, with sharp drops seen in copper and gold too………………………………………..Full Article: Source


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