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Reuters reports that on Friday, U.S. crude oil futures plunged after Libya declared a ceasefire.
Reuters reports that on Friday, U.S. crude oil futures plunged after Libya declared a ceasefire.
The market news is quoted as saying:
Losses were trimmed near the close after U.S. President Barack Obama warned Muammar Gaddafi that military action will ensue if Libya did not obey the U.N. demands.
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| Commodities | |||
|---|---|---|---|
| Gold | 2376.16 | +8.50 | |
| Silver | 28.44 | +0.23 | |
| Copper | 4.40 | +0.04 | |
| Oil | 82.82 | +0.13 | |
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