WTI Rebounds From 5-Month Low, Nat. Gas Up: Commodities at CloseMike Anderson
Standard & Poor’s GSCI gauge of 24 commodities rises 0.6% to 610 at 5:30 p.m. in Singapore. UBS Bloomberg CMCI index of 26 raw materials up 0.4% at 1432.
* OIL/PRODUCTS ** WIT rebounds from the lowest level in five months before a report that may show U.S. fuel supplies shrank *** Contract for Dec. delivery up as much as 62 cts to $93.99/bbl on Nymex ** Brent for Dec. settlement gained as much as 75 cts to
* NATURAL GAS **Natural gas rises a second day on forecasts for colder-than-
* PRECIOUS/BASE METALS ** Gold sales from Australia’s Perth Mint, which refines most of the bullion from the second-largest producer, rose in October as a drop in prices to a three-month low spurred demand and the ** Copper swings between gains and losses as investors weigh upcoming U.S. economic data and a review of interest rates in
* SOFT COMMODITIES ** Palm oil production in Malaysia probably decreased in October for the first time in 8 months as an earlier-than-usual start to the monsoon disrupted supply