Commodities Slump. Gold to Record Losses for a Fourth Week
BonTradeCommodities tumbled yesterday as driven by a series of as news. Oil prices slumped with the front-month WTI contract plunging to a new 8-month low of 85.42 before closing at 85.64, down -1.94%. Price remained under pressure in Asia today. Fuel prices were mixed. Heating oil reversed gains and lost -0.57% after rising to a 28-month high of 2.6944 earlier in the day. Gasoline rebounded almost +4% yesterday, following 2 days' fall, but gains were pared again in Asian session today.
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Commodities Slump. Gold to Record Losses for a Fourth Week
