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Commodities Briefing - Categorized | Oil more

Among commodities, crude oil holding its own

Posted on 21 May 2013

As opposed to the gold and silver markets, which are racing like the Corkscrew at Cedar Point (and the stock market for that matter, which looks like a Gemini rocket), the oil market has been a steady earner for traders this year, despite the weakness other commodities and the economy that might be expected to hit crude oil as well.
Oil isn’t a gusher compared with stocks, such as the Dow Jones Industrial Average, which is up 16% this year. But some analysts and investors say oil’s rise is remarkable because it came despite several factors that often push prices lower………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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