Benchmark U.S. Crude Oil Prices Dip Amid Mixed Commodities Performance
On Tuesday, benchmark U.S. crude oil for August delivery dropped by 57 cents, closing at $82.81 per barrel. In parallel, Brent crude for September delivery saw a decrease of 36 cents, ending the day at $86.24 per barrel.
In the wholesale markets, gasoline for August delivery slipped by 1 cent, settling at $2.57 per gallon. Conversely, August heating oil experienced a slight rise of 2 cents, reaching $2.63 per gallon. Natural gas for August delivery decreased by 4 cents, priced at $2.44 per 1,000 cubic feet.
In the precious metals sector, gold for August delivery fell by $5.50, closing at $2,333.40 per ounce. Silver for September delivery edged up by 5 cents, trading at $29.66 per ounce, while September copper remained stable at $4.42 per pound.
Currency exchange rates also saw slight movements. The dollar fell to 161.50 yen from 161.51 yen, while the euro inched up to $1.0742 from $1.0730.
