Crude Oil, Gold, and Other Commodities Experience Price Fall
Benchmark U.S. crude oil drops to $85.49 a barrel, Brent crude to $89.83 a barrel, and gold falls $6.60 to $1,987.80 an ounce on Monday, as dollar depreciates against Japanese Yen and Euro.
- Benchmark U.S. crude oil for December delivery fell by $2.59 to close at $85.49 a barrel on Monday.
- Brent crude for December delivery experienced a drop of $2.33, closing at $89.83 a barrel.
- Gold prices fell by $6.60, with December delivery closing at $1,987.80 an ounce.
- Wholesale gasoline and November heating oil fell 5 cents and 6 cents respectively, while November natural gas rose 3 cents.
- The US dollar depreciated against Japanese yen, falling to 149.58 yen from 149.87, and against euro with a rise to $1.0675 from $1.0592.