mineral exploration project – commodity prices – mining stock- trade and market

Crude oil and gasoline prices are inching up again. Optimism about the economy, new tensions in oil-producing Nigeria and reports that China intends to build up its strategic reserves lifted crude prices to around $82 on Monday, about a $10 increase in the last month.

Prices at the pump are rising, too, with the average national price for a gallon of gasoline jumping 5 cents in the last week, to just above $2.75.