Just saw Peter McGuire of Commodity Warants (one of the savviest Aussie commodity expert around, he is Aussie as opposed to a Wall St. type, so he should know) at Bloomberg. Says he couldn't see oil falling back to 105-110 but maintaining 125-140 in the longer term. Now here's the cheer guys and gals for Beijing 2008 :
Aussie, Aussie, Aussie, oil, oil, oil
Aussie, Aussie, Aussie, ore, ore, ore!
china steel sector seen lifting iron ore price, page-8
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Last
$41.02 |
Change
-0.240(0.58%) |
Mkt cap ! $208.0B | |||
| Open | High | Low | Value | Volume |
| $41.02 | $41.28 | $40.88 | $296.1M | 7.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1453 | $41.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.03 | 1000 | 1 |
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