From Investing.com: 2024-12-20 03:45:00

Crude oil prices fell below $70/bbl on NYMEX WTI and below $73/bbl on ICE. ARA region refined product inventories increased slightly to 6.3mt. Enterprise Singapore data shows total oil product stocks at 54.4m barrels. US natural gas prices rose as weekly inventory numbers showed outflows. Indonesia considers deep cuts to nickel mining quota. Toho Zinc Co. in Japan to shut down unprofitable zinc smelting business. EU lowers corn and wheat output estimates for 2024/25 season. Buenos Aires Grain Exchange raises Argentina’s corn and wheat planting estimates for 2024/25 season. US weekly net export sales for corn, wheat, and soybeans show strong demand.



Read more at Investing.com: Crude Oil Prices Slump as Stronger US Dollar Pressures Energy Markets