Commodities – Energy
Crude Oil Follows Equities Lower
Crude Oil (WTI) – $74.13 // $0.57 // 0.76%
Commentary: Crude oil’s three-day win streak was snapped on Monday after U.S. equity markets fell almost 1.5% on the day. Crude’s decline was much more modest in comparison; the commodity fell $0.47, or 0.63%, but the sell off is continuing after hours with the commodity down another $0.58, or 0.78%. Double dip fears are back in focus, as the S&P 500 stock index threatens to break the … [visit site to read more]

Originally from Daily Markets