Commodity Capsule: Brent crude oil drops to 4-month low; gold rise; copper inches up | Watch video
Commodity Capsule| Brent and WTI futures settled down nearly 5 per cent lower to $77.42 a barrel and $72.90 respectively.
Commodity Capsule: Oil prices dropped around 5 per cent on Thursday to their lowest in four months.
Investors are worried about global oil demand following weak data from the US and Asia.
Brent and WTI futures settled down nearly 5 per cent lower to $77.42 a barrel and $72.90 respectively.
Both Brent and WTI earlier traded at their lowest since July 7.
Both WTI and Brent's front-month contracts traded below later-dated contracts, a structure known as contango.
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