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Speculators not behind oil price swing
BRITAIN'S financial watchdog has found no evidence that speculators were behind big swings in oil prices.
The Australian

Western Reports Second Quarter 2009 Results
DUNCAN, BRITISH COLUMBIA--(Marketwire - July 27, 2009) - Western Forest Products Inc. (TSX:WEF) ('Western' or 'the Company') today announced results for the second quarter ended June 30, 2009. The Company reported a net loss for the second quarter of 2009 amounting to $30.1 million ($0.06 per share), on sales of $134.6 million. The Company's operating results continue to be impacted by a global economy that is experiencing one of the worst downturns in decades. Depressed pricing on most of the Company's products as a result of weak demand and product oversupply have negatively impacted the Company's results. The Second Interim Report for 2009 is available on SEDAR and the Company's website at www.westernforest.com.
Market Wire

Crude hits $70 and base metals advance
Commodity markets made a strong start to the week with European crude prices pushing higher and copper leading the base metals sector
FT

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