Mixed Day for Commodities

Energy is little changed.
Author:
Publish date:

Energy prices were little changed Thursday morning at the New York Mercantile Exchange, while metals prices were heading to the upside.

Natural gas slipped 1 cent to $7.07 per million British thermal units after Energy Department data showed a draw of 115 billion cubic feet from inventories last week. The number was basically in line with estimates.

Crude oil was up 6 cents at $58.21 a barrel, and reformulated gasoline was down 2 cents at $1.90 a gallon. Heating oil was fractionally lower at $1.70 a gallon.

As for precious metals, gold was up $4.50 at $647 an ounce, and silver rose 17 cents to $13 an ounce. Platinum was stronger by $16 at $1,217 an ounce, and copper rose 12 cents to $2.95 a pound.

Coffee, cotton and frozen concentrated orange juice were advancing at the New York Board of Trade, but sugar was declining.