Economics
Commodities Fall to 8-Month Low as Brent Stays Below $100
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Commodities dropped to an eight-month low as signs of abundant supplies and slowing economic growth curbed demand for raw materials.
The Bloomberg Commodity Index of 22 raw materials fell 0.3 percent by 3:24 p.m. in London after earlier declining 0.4 percent to 122.9665, the lowest since Jan. 10. The gauge declined 2.1 percent this year. Brent oil traded below $100 a barrel for a third day.