Energy commodities faced mixed performance on Tuesday

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Source: Dukascopy Bank
Energy markets faced mixed performance on Tuesday despite stronger Asian equities and negative economic data from the US. Investors also await a report on the US oil inventory stockpiles that is expected to indicate a decline. Natural gas was the top loser, dropping 7.24% on the mild weather forecasts in 48 states of the US. Moreover, US official data showed that natural gas production hit a new record of 72.61 billion cubic feet in November. The commodity is expected to remain lower due to lack of fresh stimulus for the price increase.


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Wed, 01 Feb 2012 16:23:37 GMT

Sugar fell despite positive opening on Tuesday

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Wed, 01 Feb 2012 15:41:27 GMT

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