Crude Oil Rises Most in More Than 3 Years: Commodities at Close
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The Standard & Poor’s GSCI gauge of 24 commodities jumped 5.4 percent to 598.39 at 3:30 p.m. New York time as oil rose the most in three years after European leaders reached an agreement to ease repayment rules for Spanish banks and relax conditions on help for Italy.
The UBS Bloomberg CMCI index of 26 raw materials rose 4.1 percent to 1,486.717.