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home / news releases / JJCTF - Commodities Weekly: Oil Prices Back At Pre-Attack Levels


JJCTF - Commodities Weekly: Oil Prices Back At Pre-Attack Levels

By Andrew Robinson

Commodities suffered as the US dollar caught a bid into the month- and quarter-ends at the start of the week, though recovered slightly as the dollar gave back ground yesterday following disappointing US data. The agricultural sector was boosted by lower stockpiles and harvest forecasts.

Energy

Crude oil prices touched the lowest since September 3 yesterday, which is below the level from which WTI posted its biggest daily gain on record after attacks on Saudi Arabian production facilities. Saudi Arabia has since confirmed that it is back up to full production levels

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Stock Information

Company Name: iPath Bloomberg Copper Subindex Total Return Sub-Index ETN
Stock Symbol: JJCTF
Market: OTC

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