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Why are commodity prices rising?

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I thought we were in a crisis!
Just today I read that the commodity prices are rising for instance the prices on oil, copper and nickel have gone up. This makes me wonder, because logicly the prices on especially oil ought to fall. I mean we are in the middel of a financial crisis and the last thing that ought to happen it rising oil prices.

The price on oil influences most commodity prices
We know for sure that most prices go up when the oil becomes more expensive. Stuff such as grocceries; fruit, soap, bread and meat become more expensive to carry around the wold, which makes to prices go up. read more aboute how positive new on the financial situaiton generates a bad financial situation here

Written by admin

juni 11th, 2009 at 2:26 pm

Posted in economics

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