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Home | Crude Oil Positioned for Losses, Gold Outlook Still Clouded |
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Crude Oil Positioned for Losses, Gold Outlook Still Clouded
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- June 08, 2011
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Crude oil prices are set to decline as risk aversion is compounded by rumors that OPEC will boost its output quota. Gold positioning remains indecisive near familiar levels. Commodities – Energy Crude Oil Positioned to Decline on Risk Aversion WTI Crude Oil (NY Close): $99.09 // +0.08 // +0.08% Broadly speaking, crude oil positioning is [...]This article (Crude Oil Positioned for Losses, Gold Outlook Still Clouded) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://www.americanbankingnews.com/2011/06/08/crude-oil-positioned-for-losses-gold-outlook-still-clouded/
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