Copper Increases as Crude Oil Price Drop Eases Slowdown Concern

Bloomberg reports that in London, copper advanced, as oil prices dropped for a second day.

The market news is quoted as saying:

Copper for three-month delivery gained 0.7 percent to $9,596.75 a metric ton at 6:02 p.m. in Singapore. New York- traded crude fell as much as 0.8 percent today after American Petroleum Institute data showed an inventory increase.

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