Crude rebounds from seven-week low

Published on Tue, Feb 09, 2010 at 08:14 |  Source : Moneycontrol.com

Updated at Tue, Feb 09, 2010 at 08:16  

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Crude rebounds from seven-week low

Despite the up move in the dollar, commodities were still able to book strong gains. Crude rebounded from a seven-week low as the US mid-Atlantic region braced for a new winter storm in coming days and dug out from a weekend blizzard.

Base metals too recovered ground. Copper futures are trading higher for the first time in four sessions. Rest of the base metals also saw sizeable gains.

  

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