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Updated from 2:19 p.m. EDT
Oil prices slid Wednesday amid another selloff in commodities, after a government report showed gasoline supplies rose last week, allaying fears of a summer shortage.
Crude for July delivery closed down $1.90 to $69.86 a barrel on Nymex. Gasoline dipped 9 cents to $2.01 a gallon. The declines came as other speculative favorites like gold, copper and silver all experienced another session of red ink.
Energy shares were under pressure, with the Amex Oil Index and the Philadelphia Oil Service Index were declining up to 2%. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
Oil *
73.22
|
|
DOWN
132.86
|
DOWN
13.11
|
DOWN
26.86
|
DOWN
1.09
|
10 Yr
3.49%
SPDR Gold
107.34
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |
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