Crude oil prices gain on Iranian issue

Note: This section contains information in English only.
Source: Forexpros

Crude oil futures increased on the attack of the British embassy in Iran and the meeting of the finance ministers of the euro-zone. Escalated dispute between South Sudan and Sudan on the oil transit fee also contributed to price increase. On the ICE Futures Exchange, Brent oil futures for January delivery added 1.02% to USD110.11 a barrel, with the difference between the Brent and crude futures being USD11.11 a barrel.

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Wed, 30 Nov 2011 12:52:23 GMT

Copper prices may boost on the possible supply shortage

Ongoing strikes in the mines producing copper coupled with rising concerns over political clashes in Congo, the second largest copper producer, add to the probability of copper deficit in the next year. Currently copper prices are weak due to pessimistic economic outlook; however, decreasing supply of the raw metal may lead to a highly bullish sentiment on the market. At the moment copper is trading

Wed, 30 Nov 2011 13:09:46 GMT

Gold futures fluctuate above USD 1,700 an ounce

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