Crude oil price up in global market

Dhaka, Bangladesh (BBN) – Crude oil for July delivery rose as high as USD 62.26, gaining 38 percent this year. Commodities and linked currencies gained on US$’s fall to a two month low against EUR as investors turned to assets likely to gain in the face of economic recovery.

Gold gained 3 percent last week, rising to US$ 958.98 as a falling US$ saw investors turning to safer assets to store value.

BBN/SS/SI/AD-24May09-2:40 pm (BST)

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