Commodities Trade Mixed

Oil and wheat fall.
Author:
Publish date:

Commodity prices were volatile Friday, with most futures in the energy complex weaker while metals were higher.

Crude for May delivery was recently down 17 cents at $65.86 a barrel at the New York Mercantile Exchange. Heating oil fell half a cent to $1.87 a gallon, and reformulated gasoline was losing 3 cents to $2.10 a gallon.

Natural gas, however, was adding 6 cents to $7.67 per million British thermal units.

Among metals, gold was gaining 20 cents to $667.80 an ounce, and silver was fractionally higher at $13.35 an ounce. Copper rose 5 cents to $3.14 a pound, and platinum was up $2.70 at $1,245.30 an ounce.

Cocoa and cotton were on the rise, but coffee, sugar and frozen concentrated orange juice fell at the New York Board of Trade. As for agricultural products traded in Chicago, corn, soybeans and wheat were all moving to the downside.

The Reuters Jefferies CRB Index was slipping 1 point to around 317.