Energy

Oil Drops on Speculation Fuel Demand May Falter as U.S. Economy Weakens

Energy Investing

Bloomberg reported that reports of a weaker US economy caused oil prices to drop.

Bloomberg reported that reports of a weaker US economy caused oil prices to drop.

The market news is quoted as saying:

Futures slipped as much as 1 percent before reports this week that may show U.S. employers hired fewer workers in May and manufacturing cooled.

To read the full market news, click here.

MARKETS

Markets
TSX19284.10-222.55
TSXV555.25-16.97
DOW32875.71-365.85
S&P 5003783.22-46.03
NASD10213.29-139.94
ASX7107.70-44.80

COMMODITIES

Commodities
Gold1805.26-7.12
Silver23.54-0.48
Copper3.83-0.01
Palladium1785.00-48.00
Platinum1009.68-4.32
Oil78.65-0.31
Heating Oil3.28-0.02
Natural Gas4.77+0.08

DOWNLOAD FREE REPORTS

×