Commodities
Oil prices were flat again on Wednesday as investors continued to react to plans by OPEC+ to cut down output later this year.
- Crude
stockpiles in the U.S. fell by 3.7 million barrels, more than the 2.2
million projected by analysts. Gasoline and distillate stockpiles also
decreased more than expected.
- Brent crude gained 0.1% on Wednesday and U.S. West Texas Intermediate crude fell 0.1%.
- New economic data released in the U.S. indicated that oil demand could decline in the coming months.
| Oil (NYSEARCA:OIL) | 30.49 | 0.20% |
| Gold (NYSEARCA:GLD) | 187.83 | -0.08% |
| Silver (NYSEARCA:SLV) | 22.94 | -0.13% |
| Corn (NYSEARCA:CORN) | 24.91 | -0.12% |
| Lumber (NASDAQ:WOOD) | 70.80 | -1.12% |
*Commodity prices are as of 7 am ET. Data from MarketWatch. To understand why investors track the prices of these commodities,
