Commodities

 

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, 


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