WTI rebounds from the biggest weekly drop in 6 months

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Source: Bloomberg
West Texas Intermediate oil rose on Monday rebounding from its largest drop in a week since September 2012, while Brent's premium to WTI futures was close to the weakest level in 10 months. May WTI futures gained 69 cents to $93.39 a barrel on the NYMEX and were traded at $93.36 earlier on Monday London session, whereas the Brent's premium was at $11.66 to WTI futures on Monday.
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Mon, 08 Apr 2013 12:21:33 GMT

Gold falls as ETPs reach the lowest since August 2012

Gold declined on Monday as holdings in exchange traded products (ETP) fell 0.6% last week reaching its weakest level since August 2012 at 2,434.436 metric tons, which curbed demand for the precious metal. Bullion for the delivery in April dropped 0.3% to $1,575.83 an ounce and it was traded at $1,579.05 at 11:52 a.m. Singapore time, after it touched it

Mon, 08 Apr 2013 11:59:06 GMT

Copper rebounds on Monday amid climb in orders

Copper bounced back from a three week losing streak on Monday after a report showed that orders to remove the metal from warehouses increased to the strongest level since at least October 1997 and on strikes in Chile concerns. July Copper futures gained 1.2% to $7,494.75 a metric ton on the London Metal Exchange after it was traded at $7,480

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