Crude settles slightly higher following Baker Hughes rig count


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Date | 26-12-2017 - 03:00 PM Article Type | Stock Markets Region | United States

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[BRIEFING.COM] Commodities end the day higher:

  • Overall, commodities, as measured by the Bloomberg Commodity Index, are currently up 0.55% at 85.7451
  • Dollar index is currently up 0% at 93.28
  • Jan WTI Crude is down 0.12% on the day.
    • Baker Hughes total U.S. rig count increased by 1 to 931 following last week's decrease of 1
    • Futures settle $0.07 lower to $58.29/barrel.
  • In other energy, Jan Natural Gas settled up $0.05 at $2.65/MMBtu
  • On the metals: 
    • Feb Gold gained $8.70 to settle at $1279.30/oz, while Mar silver gained $0.2 to $16.44/oz
    • Mar Copper gained $0.02 to $3.24/lb
  • Finally, agriculture:
    • Mar Corn settled unchanged at $3.52/bu.
    • Jan Soy settled up $0.0025 at $9.5025/bu.
    • Mar wheat settled flat at $4.25/bu.


Author: Heng V. Mony
Source: briefing.com
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