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

Crude oil rose to an eight-week high as investors purchased oil and fuel futures amid returns that have outpaced other securities.

“The financial flow may soon send prices to $85, even if that’s not justified by physical demand,” said Kyle Cooper, a managing director at energy consultant IAF Advisors in Houston. “You’re seeing a lot of money move into the market.”

Oil has advanced 80 percent over the past year, greater than the Dow Jones Industrial Average’s 59 percent increase. Futures traded in a $1.66 range today, drifting between gains and losses, as equities...