Crude oil prices continue to rise as Syria adds to uncertainty

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Source: WBPonline
© Scanpix\Reuters
West Texas Intermediate crude futures continued to increase, while conflict in Syria has amplified an the world is expecting the reaction from U.S. WTI advanced 0.93% to $106.91 a barrel, as the contracts for October settlement jumped to $106.84 a barrel yesterday. The Brent crude stayed above the $111 a barrel level, rallying 0.65%.
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Tue, 27 Aug 2013 13:51:05 GMT

Corn fluctuates following largest jump in 14 months amid dry weather

Corn fluctuated between gains and losses following the biggest increase in over a year while investors weighed the prospects for hot, dry weather in the Midwest against outlook of an all-time high U.S. crop. Soybeans swung. The corn for December settlement advanced 0.8% to $5.0425 per bushel, adding to signs corn has declined 28% this year.

Tue, 27 Aug 2013 10:44:30 GMT

Euro dives despite expectation-beating German Ifo

Sentiment among companies in Germany advanced more than expected in August, however the 17-nation currency declined. The German business sentiment for August increased from 106.2 in July to 107.5, beating analysts expectations of 107.0. The common currency decreased 0.21% to $1.3340, following a jump of 0.04% to $1.3374.

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