02.08.2013 - Crude in U.S. bucks commodities slump
Economic gains in the U.S. and upgrades to the nation's energy-transport infrastructure are helping oil shrug off the downturn in other industrial commodities. Crude prices are up 14% this year on the New York Mercantile Exchange, despite slowing growth in China and surging production in the U.S. They also buck a broader slump in commodities, with the Dow Jones-UBS Commodity Index down 9% this year.........................................Full Article: Source
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