Crude Prices Mixed ahead of FOMC Meeting, Surge in Distillate Inventory Exacerbated Bearishness

Commodity prices were mixed. The front-month contract for WTI crude oil climbed higher for the first time in 5 days, gaining +1.25% to settle at 47.98, whilst the Brent contract declined further, dropping -0.32%, to close at 53.3. In the precious metal complex, gold slipped -0.02% whilst silver added +0.25% during the day.

from Oil N' Gold Focus http://ift.tt/1H0DUiJ