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Commodities Briefing - Categorized | Market Moves, Oil more

Commodities stocks sink as oil resumes downward slide

Posted on 26 January 2016

Oil prices are sinking again, fast, and miners and commodities stocks are once again finding themselves in that all-too familiar position at the bottom of the FTSE 100. As fastFT reported earlier, oil prices are once again heading south after a short-lived rally last week.
Brent crude is falling 3.7 per cent at publication time to $30.99 a barrel while WTI, the US benchmark, is down 3.91 per cent at $30.93 a barrel. There had been hopes that the worst may be over for oil prices but clearly the market didn’t get the memo today………………………………………..Full Article: Source


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