| Commodities Oil prices were down on Friday as investors are concerned about the health of the Chinese and American economies. Brent crude fell 1.1% yesterday, while U.S. West Texas Intermediate crude dropped 1.2%. - Oil giant Saudi Aramco announced a 19% decline in profit earlier this week.
- Both indexes were down just over 1.5% for the week.
- An
OPEC report from earlier this week showed that the cartel now expects
demand for OPEC-produced oil to be 90,000 barrels per day higher in H2
2023 than previously estimated.
| Oil (NYSEARCA: OIL) | 26.99 | -1.71% | | Gold (NYSEARCA: GLD) | 186.81 | -0.17% | | Silver (NYSEARCA: SLV) | 22.02 | -0.81% | | Corn (NYSEARCA: CORN) | 22.74 | -0.79% | | Lumber (NASDAQ: WOOD) | 71.55 | -1.03% | *Commodity
prices are as of 7 a.m. ET. Data from MarketWatch. To understand why
investors track the prices of these commodities, | 