Commodities Plunge for a Fifth Consecutive Day
Commodities Plunge for a Fifth Consecutive Day Extending the biggest rout since December 2008, as investors cut their holdings in oil, silver and industrial metals amid concern that economic growth will slow.
The Standard & Poor's GSCI Index of 24 raw materials fell as much as 3.6 percent to 658.93 points, and was at 672.25 as of 10:20 a.m. in London.
Crude oil fell as much as 5.2 percent to $94.63 a barrel in New York trading and natural gas rose 0.1 percent to $4.266 per million British thermal units..
Business News May 2011
http://quickpakinc.com/pricing_news.html
The Standard & Poor's GSCI Index of 24 raw materials fell as much as 3.6 percent to 658.93 points, and was at 672.25 as of 10:20 a.m. in London.
Crude oil fell as much as 5.2 percent to $94.63 a barrel in New York trading and natural gas rose 0.1 percent to $4.266 per million British thermal units..
Business News May 2011
http://quickpakinc.com/pricing_news.html
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