Commodities

 







Commodities

Oil prices were up on Tuesday after new data showed that U.S. demand increased in late 2022.

  • Brent crude rose 1% and U.S. West Texas Intermediate crude gained 1.3%. 
  • The Energy Information Administration reported that U.S. demand for crude and petroleum products rose by 178,000 barrels between August and November 2022. 
  • Analysts predict that Brent crude prices will average just over $90 per barrel this year, up from around $85 at present. 
Oil (NYSEARCA:OIL)30.132.03%
Gold (NYSEARCA:GLD)179.410.36%
Silver (NYSEARCA:SLV)21.830.78%
Corn (NYSEARCA:CORN)26.580.00%
Lumber (NASDAQ:WOOD)78.441.95%

*Commodity prices are as of 7 am ET. Data from MarketWatch. To understand why investors track the prices of these commodities, . 

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