A mixed day for commodities |
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The oil price kept largely unchanged in yesterday's trading although it was down intraday by about USD 2 a barrel. The dollar strengthened slightly, which helped to generate the intraday dip. In the oil market, focus was on the problems of restarting refineries and oil rigs in the Mexican Gulf efter Hurricane Gustav. As yet there are no reliable estimates of how long the starting phase will be, since there are still problems over the electricity supply and getting workers back to work. The Read More...
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