Daily The Business

Crude Oil Falls Below $52

Crude oil dropped to the lowest level since January 14th on Wednesday, after data from EIA showed an unexpected increase in US crude stockpiles. Prices were already under pressure amid persistent worries that the global economic slowdown could weight on energy demand and after the API reported an increase in crude inventories on Tuesday. US Crude oil fell as much as 2.3% to $52.19 a barrel while Brent crude went down nearly 1.6% to $61.08 a barrel around 10:40 AM New York time. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.

 

 

Energy Price Day Weekly Monthly Yearly Date
Crude Oil 51.8185  1.72 -3.22 % -11.92% -16.79% -19.98% 23:31
Brent 60.7217  1.26 -2.03 % -12.61% -14.81% -19.47% 23:31
Natural gas 2.3763  0.044 -1.82 % -9.58% -5.68% -17.80% 23:31
Gasoline 1.6966  0.03 -1.74 % -12.95% -15.19% -18.20% 23:31
Heating oil 1.7836  0.0396 -2.17 % -9.49% -13.87% -16.26% 23:31
Ethanol 1.4776  0.04 -2.51% 0.52% 11.52% 3.04% Jun/05
Naphtha 461.41  3.63 0.79% -15.85% -18.42% -27.76% Jun/04
Propane 0.44  0.03 -6.92% -23.69% -24.89% -49.84% Jun/04
Uranium 24.0000  0.00 0.00% -0.41% -4.00% 1.05% Jun/04
Metals Price Day Weekly Monthly Yearly Date
Gold 1326.90  4.17 0.31 % 3.76% 3.69% 2.41% 23:31
Silver 14.8216  0.023 -0.16 % 2.82% -0.53% -10.93% 23:31
Platinum 798.34  17.16 -2.10% 0.86% -8.50% -11.54% Jun/05
Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 868.5359  12.25 -1.39% -0.40% 6.24% -12.64% Jun/05
Wheat 491.6618  14.75 -2.91% 0.24% 14.87% -5.40% Jun/05
Cotton 68.80  0.17 -0.25% -0.38% -5.30% -24.35% Jun/05
Rice 11.6642  0.03 -0.26% -0.43% 12.05% 0.95% Jun/05
Palm Oil 2,030.00  36.00 1.81% 0.59% 8.15% -15.28% Jun/04
Cheese 1.6680  0.03 -1.53% -1.42% -2.06% 2.46% Jun/05
Milk 16.12  0.27 -1.65% -1.59% -2.30% 5.29% Jun/05
Rubber 218.60  1.50 0.69% 0.23% 15.30% 27.61% Jun/05
Coffee 99.10  6.55 -6.20% -0.40% 11.60% -16.19% Jun/05
Lumber 313.60  2.80 -0.89% -0.82% -6.94% -47.09% Jun/05
Sugar 12.21  0.21 -1.69% 2.86% 2.78% 0.08% Jun/05
Orange Juice 103.40  5.15 -4.74% 0.19% 12.51% -37.67% Jun/05
Canola 450.20  2.90 -0.64% -1.75% 4.50% -14.03% Jun/05
Tea 2.55  0.00 0.00% -6.93% -6.93% -3.04% Jun/04
Cocoa 2,401.00  41.00 1.74% -1.52% 2.91% 4.57% Jun/05
Wool 1,887.00  0.00 0.00% 2.95% -3.72% -6.91% Jun/04
Oat 291.8175  12.50 -4.11% -7.36% -1.25% 21.21% Jun/05
Corn 413.4091  12.25 -2.88% -1.28% 16.21% 9.30% Jun/05
Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 107.9317  0.425 0.40 % -4.04% -3.98% -0.46% Jun/05
Lean Hogs 79.8969  1.23 -1.51% -6.22% -3.01% 2.20% Jun/05
Feeder Cattle 139.3259  2.15 1.56 % -2.42% 2.39% -5.09% Jun/05
Beef 10.68  0.01 -0.09% -0.19% -0.56% 0.85% Jun/04
Poultry 4.75  0.04 -0.84% -3.06% -2.66% 0.00% Jun/04
Industrial Price Day Weekly Monthly Yearly Date
Copper 2.6267  0.047 -1.76 % -1.70% -7.40% -19.28% 23:31
Bitumen 3,398.00  10.00 0.30% -0.82% -5.40% 7.94% Jun/05
Steel 3,794.00  29.00 0.77% -3.68% -8.78% -10.94% Jun/05
Cobalt 32,000  0.00 0.00% -4.48% -7.25% -63.11% Jun/04
Coal 74.25  1.33 -1.76% -5.77% -16.53% -31.33% Jun/05
Palladium 1,327.52  18.98 -1.41% -1.63% -0.71% 30.62% Jun/05
Lead 1,809.50  0.00 0.00% -0.32% -4.12% -27.87% Jun/04
Aluminum 1,786.00  9.00 0.51% -1.16% -1.65% -23.84% Jun/04
Tin 19,090.00  60.00 -0.31% -0.57% -1.60% -8.99% Jun/04
Zinc 2,475.50  7.50 0.30% -3.38% -8.04% -22.46% Jun/04
Nickel 11,820.00  0.00 0.00% -4.27% -2.61% -24.65% Jun/04
Molybdenum 28.50  0.00 0.00% 0.00% -2.56% -5.00% Jun/04
Iron Ore 101.00  0.50 0.50% -9.01% 3.59% 50.75% Jun/04
Neodymium 455,000.00  15,000.00 3.41% 3.41% 34.81% 10.30% Jun/04
Iron Ore 62% fe 98.3900  2.11 2.19% 0.01% 5.22% 51.88% Jun/04
Rhodium 2,840.00  0.00 0.00% 0.00% -3.73% 26.22% Jun/04
Manganese 37.00  0.00 0.00% 0.00% -2.63% -6.33% Jun/04
Lithium 98.92  1.64 1.69% 0.99% -10.15% -25.24% Jun/04
Soda Ash 1,883.33  0.00 0.00% -3.91% -5.04% -9.89% Jun/05
Index Price Day Weekly Monthly Yearly Date
Baltic Dry 1,122.00  19.00 1.72% 3.70% 19.87% -16.27% Jun/04
LME Index 2,754.20  0.00 0.00% -2.02% -5.04% -20.02% Jun/04
S&P GSCI 2,377.18  0.00 0.00% -5.06% -7.39% -12.96% Jun/04
CRB Index 180.73  3.01 -1.64% -4.25% -4.28% -11.27% Jun/05

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