Market Updates

Crude Wieghs on Commodites

Ivaylo
19 Jan, 2007
New York City

    Crude oil settled Thursday below $50 for the first time in 20 months, dragging other commodities with it. Copper plunged to an eight-month low. Gold and silver futures were also under pressure and slipped at the New York Mercantile Exchange. From the energy stocks only natural gas bucked the trend and advanced. Arabica coffee and raw sugar also followed suit and declined, while corn gained.

[R]5:00 AM Gold and silver declined Thursday on crude oil drop.[/R]
Most-active February gold sank $5.20 to close at $628.10 an ounce and March silver also dipped 20.5 cents to end at $12.685. April platinum reached its highest level since Dec. 1 at $1,176 an ounce. March palladium settled at $343.40, up 45 cents. The most-active March copper contract settled down 7.75 cents at $2.4920 per pound

Crude oil futures slumped to a fresh 20-month low, falling briefly below $50 a barrel after the Energy Department said U.S. stockpiles advanced by the most in more than four years. The front-month February light, sweet crude settled down $1.76 at $50.48 a barrel. February heating oil settled down 2.91 cents at $1.4707 a gallon. Gasoline lost 2.33 cents to close at $1.3553 a gallon. February natural gas gained 9 cents to finish at $6.324 per million British thermal units.

On the New York Board of Trade, March Arabica coffee futures settled down 1.85 cents at $1.1975 a pound, with May off 1.85 cents at $1.2295. Futures on raw sugar in foreign ports for March settled down 0.05 cent at 10.71 cents a pound, with May off 0.02 cent at 10.82 cents.

Annual Returns

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Earnings

Company Ticker 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008