(Bloomberg) -- Crude oil was little changed in New
York after falling last week on increasing U.S. stockpiles and
speculation rising interest rates may slow commodity demand.
Oil declined the most in two months on June 8, and gold
and copper tumbled, after a U.S. government report showed
first-quarter labor costs gained more than forecast, increasing
the risk the Federal Reserve will raise interest rates.
Gasoline futures fell 5.2 percent last week as below-average
U.S. fuel stockpiles climbed for a fifth week.
Read more at Bloomberg Commodities News
York after falling last week on increasing U.S. stockpiles and
speculation rising interest rates may slow commodity demand.
Oil declined the most in two months on June 8, and gold
and copper tumbled, after a U.S. government report showed
first-quarter labor costs gained more than forecast, increasing
the risk the Federal Reserve will raise interest rates.
Gasoline futures fell 5.2 percent last week as below-average
U.S. fuel stockpiles climbed for a fifth week.
Read more at Bloomberg Commodities News
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