Best bits: Oil prices set to add to commodity pressure

By Dean Best | 25 October 2010

A cheery thought for a Monday morning: crude oil could soon hit $100 a barrel. The prospect of higher oil prices will cause concern at a time when trading conditions are fragile, consumer confidence is weak and many in the food industry are facing upward pressure on the price of other commodities.

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A cheery thought for a Monday morning: crude oil could soon hit $100 a barrel. The prospect of higher oil prices will cause concern at a time when trading conditions are fragile, consumer confidence is weak and many in the food industry are facing upward pressure on the price of other commodities.

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