Commodities Firmed as USD Plunged on Disappointing Job Data
CornellClemesCrude oil remained firm as the EIA/DOE report shows huge decline in inventory. The front-month WTI contract gained +0.94% while the Brent contract was up 0.76%. Refined oil product prices were mixed as both gasoline and distillate stockpile soared last week. Precious metals extended recent gains with the benchmark Comex gold and silver contracts rising +1.37% and +0.52% respectively.
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Commodities Firmed as USD Plunged on Disappointing Job Data
