Oil Prices Experience Slight Decline
The benchmark U.S. crude oil for February delivery saw a decrease of 12 cents, settling at $71.65 per barrel on Friday. Similarly, Brent crude for March delivery experienced a decline of 11 cents, reaching $77.04 per barrel.
Gasoline and Heating Oil Prices
Wholesale gasoline prices for January delivery, on the other hand, increased by 1 cent, reaching $2.10 per gallon. However, January heating oil prices fell by 1 cent, settling at $2.55 per gallon. Additionally, February natural gas prices experienced a decrease of 5 cents, reaching $2.51 per 1,000 cubic feet.
Gold, Silver, and Copper Prices
The price of gold for February delivery also saw a decline, with a decrease of $11.70, settling at $2,071.80 per ounce. Similarly, silver for March delivery experienced a decline of 28 cents, reaching $24.09 per ounce. Additionally, March copper prices fell by 3 cents, settling at $3.89 per pound.
Foreign Exchange Rates
In terms of foreign exchange rates, the dollar fell to 141.03 yen from 141.47 Japanese yen. Similarly, the euro saw a decline, reaching $1.1040 from $1.1064.
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