Crude rebound after profit-taking erase earlier gains
Published on Thu, Mar 11, 2010 at 08:09 | Source : Moneycontrol.com
Updated at Thu, Mar 11, 2010 at 08:11
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Crude rebound after profit-taking erase earlier gains
In commodities, crude prices rebounded after profit-taking had erased earlier gains from news that gasoline stocks in the US dropped unexpectedly by 2.9 million barrels to 229 million barrels last week. Crude is currently trading just shy of the 82 dollar mark.
In commodities, crude prices rebounded after profit-taking had erased earlier gains from news that gasoline stocks in the US dropped unexpectedly by 2.9 million barrels to 229 million barrels last week. Crude is currently trading just shy of the 82 dollar mark.
Base metals shed some weight, with both copper and aluminium down a percent.
