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BRIEF: Oil Sets Fresh Multimonth High
 
[BRIEFING.COM] The commodities pits saw mixed action this session. That left the CRB Commodity Index to lose less than 0.1% of its value.

Oil traded with strength for the entire session. The commodity climbed to a new three-month high of $82.64 per barrel before it settled at $82.55 per barrel with a 1.5% gain.

Natural gas initially attempted to rebound from its 4% loss in the prior session, but it inevitably succumbed to further selling to finish with a 1.0% loss at $4.65 per MMBtu.

Gold prices garnered modest support, such that the yellow metal closed with a tepid 0.2% gain at $1187.50 per ounce.

Meanwhile, silver settled flat at $18.42 per ounce.

Source