Post by
geezer21 on Mar 01, 2023 3:46pm
Commodity February Performance
Brent Crude losses much smaller than WTI
Commodities: All the major commodity groups lost ground in February. For energy, there were significant declines in European natural gas (-18.6%) along with smaller losses for Brent crude (-0.7%) and WTI (-2.3%) oil prices. Metals struggled too, with copper (-3.0%) and gold (-5.3%) both falling after three consecutive monthly gains. And agricultural goods lost ground as well, with corn (-7.4%) and wheat (-9.2%) posting noticeable declines.