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Oil prices slipped after a surprise US crude inventory draw was offset by a rise in gasoline stocks, with WTI near $52 and Brent near $58. Separately, gold fell to a one-month low as expectations grew for another Federal Reserve rate hike.
Small crude declines weigh on biofuel-linked vegetable oil values, while firmer rate expectations are a broader macro headwind for commodities.
pakistangulfeconomist.comS. Kamal Hayder KazmiOct 2, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
