WTI declined amid stronger U.S. Dollar after jobless claims

Source: Bloomberg
© Scanpix/AP
West Texas Intermediate oil dropped on Thursday as the value of the U.S. Dollar rose against the Euro amid improving labour market in the U.S. recording the lowest number of initial jobless claims in a five-year period. June WTI futures decreased by 64 cents, or 0.7%, to $95.98 a barrel as of 9:29 a.m. on the NYMEX after they rose to $96.62 yesterday.

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Thu, 09 May 2013 17:03:04 GMT

Copper lower after 3-week high

On Thursday, copper declined, following a rally of the commodity to a 3-week high fueled by expectations of stronger demand from China. On the London Metal Exchange, copper decreased to $7,344.75 per tonne, compared to the previous close at $7,419. Earlier, the metal hit its highest on April 12, reaching $7,480.

Thu, 09 May 2013 16:52:03 GMT

Hog futures drop to 2-week low amid rising pork supplies

Hog futures declined to the lowest level in two weeks on Thursday amid speculation that supplies of U.S. pork are increasing amid weaker demand for the commodity, at the same time prices of cattle were little changed. Hog futures for June delivery dropped by 0.5% to 91.325 cents a pound as of 9:23 a.m. on the Chicago Mercantile Exchange and

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