Crude Oil Jun 30 (CLM30.NYM)

NY Mercantile - NY Mercantile Delayed price. Currency in USD

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60.10

-0.24

(-0.40%)

As of 11:41AM EDT. Market open.

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Yahoo Finance
Oil steadies on surprise inventory drop, but futures still down 8% from April peak
Oil has been on a downward trend since April. Falling stockpiles reversed earlier morning losses Wednesday.
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Investors are closely monitoring the commodity sector, which is experiencing a broad-based rally as the U.S. dollar (DX-Y.NYB) exhibits signs of weakness. Commodities like copper (HG=F) and gold futures (GC=F) are among the notable gainers, capitalizing on the dollar's softening momentum. Yahoo Finance Senior Markets Reporter Jared Blikre breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
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