Copper Up $6 Over High Oil Prices and Supply Worries

Base Metals Investing

Reuters reported that copper closed at $8,536 on concern over high oil prices and supply stoppage in Indonesia.

Reuters reported that copper closed at $8,536 on concern over high oil prices and supply stoppage in Indonesia.

As quoted in the market news:

Benchmark copper on the London Metal Exchange closed at $8,536 a tonne, little changed from $8,530.50 at the close on Friday, when it posted its strongest week since mid-January.

Click here to read the full Reuters report.

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