Copper Drops as U.S. Housing Slowdown Seen Creating Oversupply Nov. 21 (Bloomberg) -- Copper declined on speculation a U.S. housing slowdown has created an oversupply of the metal used in wires and pipes.

Platinum rose to a record in London on speculation a new investment fund for the metal will make it more accessible to investors, putting a squeeze on supply

Crude oil prices edge above $59/bl Crude oil prices staged a modest rally today on speculation that the OPEC cartel could announce further crude production cuts, dealers said.

Gold prices continued to gain on the bullion market today on sustained buying by stockists and retail customers amid firm overseas trend and rose further by Rs 10 at Rs 9180 per 10 gram.

Prominent business leader calls for Chilean copper miner Codelco privatization RENO, NV (Mineweb.com) --Influential Chilean businessman Horst Paulmann, the chief executive of Chilean retail giant Cencosud, has called for the privatization of the world’s largest copper miner, state-owned Codelco.

oil prices

LONDON (AFX) - Oil prices reversed yesterday's decline to trade back above 59 usd a barrel on news bad weather has interrupted oil supplies at Alaska's key export terminal and as traders looked to further draw downs in fuel stocks ahead of winter.
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At 9.18 am in London, front-month Brent North Sea crude contracts for January delivery were up 22 cents at 59.20 usd a barrel, after settling down 1 cent at 58.98 usd yesterday.
Meanwhile, New York light sweet crude contracts for January delivery were up 24 cents at 59.03 usd a barrel, after closing down 58 cents at 58.80 usd yesterday.
On Friday, December New York crude contracts expired at a 17-month low of 55.81 usd