Brent Oil Edged Up on Monday–Recap May 28th

The U.S markets weren’t open on account of Memorial Day, therefore many commodities weren’t traded. Brent oil edged again; Euro/USD changed direction and increased along with other currencies pairs such as the Aussie dollar to USD.   

Here is a summary of the daily changes in precious metals and energy commodities for May 28th, 2012:

Forex Markets:

The Euro/USD changed direction and rose by 0.2% to 1.2542; furthermore, the U.S Dollar also depreciated against several currencies such as Australian dollar by 0.97% and Canadian dollar by 0.54%.

Energy Commodities:

Brent oil continued to trade up and increased by 0.11% to $108.07 per barrel;

Following these changes, the difference between Brent and WTI settled $17.41/bbl. During the month, WTI decreased by 13.55% and Brent oil by 9.7%.

A Summary for May 28th:

The table below includes: closing prices, daily percent changes, and daily changes:

 Gold Silver Crude oil Natural gas 2012 may 28

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