Credit: Shutterstock photoCommodities: Crude Oil closes higher on the day
Commodities displayed some notable volatility today, especially in the Crude Oil market.
Inventory data came out for Oil and for Nat Gas today. Crude Oil data did not cause the commodity to do much initially, but sellers stepped in later, cause the Dec contract to fall below the 86.50 mark.
Crude Oil recovered those losses with an afternoon rally, to end the day 0.7% higher at $87.41 bbl.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
