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Commodities Briefing - Categorized | Commodity Crisis, Oil more

Oil: Where to from here?

Posted on 09 March 2009

From Livenews.com.au: As we have read, a small rise in US petrol consumption got oil investors thinking, ‘Boom, let’s go’ on Thursday and Friday. Part of this search for a reason to rebound in markets has emerged in commodities.

Continuing talk of a Chinese bounce and new stimulus package got commodity markets eager to get set, but seemingly they ignored the appearance of such a new, big spending plan and focused on continuing Chinese buying in a number of metals and a couple of agricultural commodities….. Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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