COMMODITIES

On Thursday, crude oil prices went up, reducing the cost gap with the Brent global benchmark as a response to supply cuts. West Texas Intermediate crude oil futures for August

On Wednesday, copper prices were pulled down due to a gloomy demand outlook, weak economic data from China, and a higher dollar rate. Copper futures for September delivery went down

On Monday, coffee prices closed moderately higher, which recovered from last week’s low prices due to lower arabica outputs. For September delivery, coffee futures increased by 1.04% to $160.65 per

On Monday, wheat prices lowered as the European area closed near a three-week low amid stronger-than-expected forecasts of US corn planting. Wheat futures for September delivery went down by -0.54%