Despite the markets being mostly flat towards the end of today's trading session, Heating Oil, Palladium, Brent Crude Oil have end the day as top gainers.
Commodity markets are flat — Gold up 1.41%, trading at $1,933.8. Live Cattle slipping 0.64% and closing at $155.8.
Current market events are being influenced by ambiguous macro data as United States Crude Oil Inventories released today at 16:00 UTC is better than expected at 8.41 million but down from preceding data of 18.96 million according to new data.
Heating Oil Futures | +3.68%; session high: $3.39 session low: $3.21
NYMEX Heating Oil has shed 18.29% over the past three months.
+1.52%: ICE Brent crude set for strong finish today; up 1.52% to $86.27 per barrel
This session seems to remain in the same lane for now — after ending the previous trading day at $85, Brent crude went up to $86.85 only to drop back; still positive overall today, now trading at $86.27 per barrel.
CME Palladium | +2.75%; session high: $1,777 session low: $1,662.5
Palladium trades at $1,753 per troy ounce after gaining $47 (2.75%).