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Oil prices edge lower; Silver futures slump

Crude oil edges back below $100 a barrel, while silver futures slide

Oil prices edge lower; Silver futures slump

NEW YORK (AP) -- Crude oil is edging back below $100 a barrel, while silver futures are sliding. Crop prices are also lower.

Benchmark U.S. crude oil fell $1.03, or 1 percent, to settle at $99.29 a barrel in New York.

Other energy futures were mostly lower. Natural gas futures rose.

Gold for February delivery lost $10.20, or 0.8 percent, to $1,203.80 an ounce. Silver dropped 43.4 cents, or 2.2 percent, to $19.615 an ounce. Palladium, platinum and copper futures also fell.

In March agricultural contracts, corn lost four cents, or 0.9 percent, to $4.235 a bushel, soybeans fell five cents, or 0.4 percent, to $13.0875 a bushel and wheat declined 8.5 cents, or 1.4 percent, to $6.005 a bushel.


Updated : 2021-02-25 10:57 GMT+08:00