Commodities
Oil prices fell slightly on Monday amid concerns about monetary policy decisions and how more interest rate hikes could impact markets.
- Brent lost 0.2% and U.S. West Texas Intermediate fell 0.1%. Both benchmarks rebounded from heavier losses earlier in the day.
- Crude oil gained 6% last week and has now been rising for three consecutive weeks.
- Investors are looking forward to OPEC's monthly report on Thursday and the International Energy Agency's report on Friday.
Oil (NYSEARCA:OIL) | 30.27 | -1.01% |
Gold (NYSEARCA:GLD) | 185.11 | -0.74% |
Silver (NYSEARCA:SLV) | 22.88 | -0.04% |
Corn (NYSEARCA:CORN) | 25.08 | 1.37% |
Lumber (NASDAQ:WOOD) | 71.28 | 0.27% |
*Commodity prices are as of 7 am ET. Data from MarketWatch. To understand why investors track the prices of these commodities,