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Quick Overview Crude Oil Prices Rise: U.S. Benchmark crude oil for June delivery climbed $1.46, reaching $83.36 per barrel. Gold and Silver Fluctuate: Gold for June delivery dropped by $4.30
On Wednesday, cocoa prices rose after the Nigeria Hydrological Services Agency (NIHSA) cautioned of flooding in Nigeria’s cacao-growing areas. US cocoa July futures advanced 5.49% to $11,017.00 per metric ton
On Tuesday, oil prices spiked following an unexpected decline in the US manufacturing sector, which may prompt the Federal Reserve to cut rates. The US West Texas Intermediate (WTI) crude
On Monday, cocoa prices plummeted on long liquidations triggered by short-term profit-taking despite the ongoing global supply crunch. US cocoa July futures slumped 6.85% to $11,064.00 per metric ton (MT)
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