Commodities Mostly Lower - TheStreet

Commodities Mostly Lower

Natural gas gains 5 cents.
Author:
Publish date:

Commodities were generally lower Wednesday morning, with crude and most other energy contracts pulling back.

Oil was down 45 cents at $58.40 a barrel on the New York Mercantile Exchange, and gasoline was off about half a cent to $1.64 a gallon. Heating oil, also at $1.64 a gallon, was fractionally weaker.

Natural gas managed to gain 5 cents to $7.64 per million British thermal units.

As for metals, gold was up 50 cents to $661.50 an ounce. Silver shed 9 cents to $13.75 an ounce, and copper was down 2 cents at $2.58 a pound.