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Commodities Briefing - Categorized | Market Moves, Oil more

Why oil has proven resilient

Posted on 09 July 2013

This year has been rough for commodities. Gold is down roughly 25% in 2013, as is corn, while silver is off an astounding 35% through the end of June. But there has been one exception to this trend: energy, particularly oil.
Crude oil has proven more resilient and less volatile this year (depending on which benchmark you use, it is either up or down in the single digits) than most other commodities. There are three main factors behind this:……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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