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CRUDE OIL MAY CONTINUE TO MOVE SIDEWAYS AMID LACK OF CLEAR CUES UP UPDATES BY WINCOMMODITY.COM

NYMEX crude oil prices rose for four out of five trading sessions last week and yet logged a modest weekly gain of 0.7 per cent. Crude oil rates topped the $66 per barrel mark in thebeginning of the week amid supply concerns relating to the US, as a major pipeline servicing the East Coast closed …

Is copper the new gold? After 11% drop from peak price, some see 40% upside?

Copper is the third most consumed metal after steel and aluminium, and is widely used in a range of industries including construction, power transmission and electronics. The latest bout of weakness in copper prices amid surging inflation and a fall in demand from China has left analysts and investors divided as to whether it is …

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