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Bloomberg reports that crude oil dropped as Europe’s debt crisis deepened.
Bloomberg reports that crude oil dropped as Europe’s debt crisis deepened.
The market news is quoted as saying:
Crude oil for July delivery tumbled $2.40 to settle at $97.70 a barrel on the New York Mercantile Exchange. It was the biggest one-day drop since May 11. Prices are up 39 percent from a year ago.
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| Commodities | |||
|---|---|---|---|
| Gold | 2337.93 | -38.84 | |
| Silver | 28.01 | -0.45 | |
| Copper | 4.26 | +0.01 | |
| Oil | 85.52 | -0.07 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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