All Posts Tagged With: "Wachovia Securities"
Oil Drops as China Ratchets up Fuel Costs
Oil futures fell yesterday (Thursday) on news that China plans to sharply reduce fuel subsidies starting today, which is expected to have an effect on demand.
The Base Metals Were Mostly in the Red Again on Tuesday
Copper pushed past $3.97 in the pre-dawn hours, but couldn’t hold there once New York trading began, as it declined through most of the day, just coming off its intraday low to finish at $3.9133/lb., down more than 3½ cents.
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