In trading on Tuesday, the benchmark U.S. crude oil for June delivery experienced a decline, dropping by 54 cents to settle at $79.26 per barrel. Similarly, Brent crude for July delivery saw a downturn, slipping 83 cents to $82.88 per barrel.
Commodity markets also witnessed shifts in other sectors. Wholesale gasoline for June delivery experienced a decrease of 3 cents, settling at $2.51 per gallon, while June heating oil followed suit with a 3-cent decline to $2.46 per gallon. Additionally, June natural gas underwent an 8-cent drop, closing at $2.67 per 1,000 cubic feet.
Precious metals took a hit as well, with gold for June delivery falling by $12.60 to $2,425.90 per ounce. Silver for July delivery saw a decrease of 35 cents, settling at $32.08 per ounce, while July copper experienced a slight rise of 3 cents, reaching $5.11 per pound.
Meanwhile, currency markets showed some fluctuation. The dollar weakened against the Japanese yen, slipping to 156.24 yen from 156.27 yen. Similarly, the euro depreciated against the dollar, falling to $1.0852 from $1.0865.
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