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Bloomberg reports that Oil plunged over concern about a slump in Chinese imports and rising unemployment in the U.S.
Bloomberg reports that Oil plunged over concern about a slump in Chinese imports and rising unemployment in the U.S.
The market news is quoted as saying:
Crude for August delivery on the New York Mercantile Exchange fell as much as $1.88 to $94.32 a barrel, the lowest since July 5, and was at $94.62 at 1:56 p.m.
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| Commodities | |||
|---|---|---|---|
| Gold | 2339.62 | -37.15 | |
| Silver | 28.01 | -0.45 | |
| Copper | 4.26 | 0.00 | |
| Oil | 85.46 | -0.13 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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