Commodity Capsule: Brent crude oil below $88; gold and copper rise
Commodity Capsule: Brent crude futures hover under the $88 a barrel mark, and US West Texas Intermediate crude futures hover with a weak bias near $83 a barrel.
Commodity Capsule: Oil was little changed on Wednesday after falling for three days.
Concerns about slowing European demand offset worries of Middle East supply disruptions stemming from the Israel-Hamas conflict.
Brent crude futures hover under the $88 a barrel mark, and US West Texas Intermediate crude futures hover with a weak bias near $83 a barrel.
Eurozone business activity data took a surprise downturn this month, suggesting the bloc may slip into recession.
Countries are pushing for a pause or ceasefire in fighting between Israel and Hamas in the Gaza Strip so that humanitarian aid could be delivered
Leaders of U.S and Saudi Arabia on Tuesday discussed efforts to prevent the conflict from widening to Iran.
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