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Caution: Slippery road ahead
Brent oil spirals to five-year lows below $60 in highly-volatile week
Gold up as oil slide persists
Crude prices slip to five-year lows as precious metal appeals as safe haven
Oil slides as Opec targets US shale
Heavy falls in the oil market also dragged down many other commodities, despite holiday-shortened trade due to Thanksgiving on Thursday in the United States.
India eases gold import rule in surprise move
Traders said before the decision that India’s gold imports could climb to around 100 tonnes for a third straight month in November.
Oil price seen falling to $60
Fund managers are divided over whether Opec will reach an agreement on cutting output. Bathe put the likelihood at no more than 50 per cent.
US stocks gain on stimulus moves in China, Europe
Prices also won support after European Central Bank chief Mario Draghi signalled readiness to act quickly to deter deflation, sparking fresh stimulus hopes.
Airfare continues to rise despite lower oil prices
Simply put: Airlines have no compelling reason to offer any breaks. Planes are full. Investors want a payout. And new planes are on order.
Oil slides to 4-year lows; gold stable after losses
Gold consumption meanwhile fell slightly in the third quarter as sliding jewellery demand in China offset strong growth in India.
Saudi adds to oil power with new refineries
The two state-of-the-art plants will give it 800,000 barrels per day in refining capacity online in 2015, part of an ambitious downstream drive which will see its refining capacity rise to eight million bpd in a decade.
Oil prices dip after Saudi Arabia cuts sale prices to US
Front-month Brent touched a low of $82.08, its weakest since October 2010, and was down $2.60 at $82.18 a barrel by 1305GMT.
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