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Energy, Metals Futures Decline

Oil is down nearly $2 a barrel.
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Energy and metals prices were slumping across the board Tuesday, led by sharp declines in gold and oil futures.

Recently, crude was down $1.93 to $57.46 a barrel on the New York Mercantile Exchange, and natural gas was giving up 19 cents to $7.32 per million British thermal units.

Heating oil was falling 7 cents to $1.61 a gallon, and gasoline was weaker by 4 cents, also at $1.61 a gallon.

Turning to metals, gold was diving $11 to $661.80 an ounce, and silver was losing 23 cents to $13.76 an ounce. Copper was falling 7 cents to $2.59 a pound.

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