Profit

Commodities prices cooling off as oil falls

PUBLISHED ON: August 5, 2008 | Duration: 1 min, 43 sec

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Finally, it seems, the law of economics is catching up with the crude oil. With prices correcting over 15 per cent from the record high just about a month ago, consumers are now heaving a sigh of relief. And with indications that speculative money is looking for alternatives, the impact of this cool off may be felt across various sectors.
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