Oil, metals rescue investors as commodity prices rally

Sunday, August 24, 2008 LONDON: Oil and most metals’ prices rebounded this week as investors sought a safe haven owing to a weaker dollar, struggling stock markets and global supply tensions. “Thursday saw a big bounce across the commodity spectrum as the dollar weakened and oil experienced a massive rally,” said UBS analyst John Reade. OIL: Oil prices jumped back above $122 per barrel on the back of simmering... [read full story]                    

Add Comment
There are also 603 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organisations, related topics, regions and companies