Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Crude at $100 defies commodities sell-off

Posted on 03 July 2013

On the face of it, oil has defied gravity. Amid a deepening sell-off in commodities that has sent gold and industrial metals tumbling, crude has been impassive.
As a transport fuel, oil is closely linked to the ups-and-downs of the world economy. Yet, benchmark Brent has held steady above the $100 a barrel level even as metals have floundered amid concern at slowing Chinese growth and the prospect of reduced emergency support from the US Federal Reserve……………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031