It continue . Erika miller reports. Reporter selling was heavy in crude oil today, as it was in most commodities. But crude also fell on new Inventory Data showing a big jump in oil supplies. Today we had an inventory number which came out, which we were expecting a build of around two million barrels. We got a build of around four million barrels. Reporter across the room, gold futures were little changed. Although Industrial Metals like platinum and palladium got slammed. Grain prices also plunged, with wheat hitting an eightmonth low today. The thomson reutersjefferies c. R. B. Index, a Global Commodities benchmark, fell 1 today. Thats the sharpest oneday slide since early november. A big factor behind all the declines is a rally in the dollar. Another driving force of the selloff in commodities is worries about the global economy. If growth falters, there will less demand for most raw materials. The minutes from the federal reserves most recent meeting suggested the central bank ma
It continue . Erika miller reports. Reporter selling was heavy in crude oil today, as it was in most commodities. But crude also fell on new Inventory Data showing a big jump in oil supplies. Today we had an inventory number which came out, which we were expecting a build of around two million barrels. We got a build of around four million barrels. Reporter across the room, gold futures were little changed. Although Industrial Metals like platinum and palladium got slammed. Grain prices also plunged, with wheat hitting an eightmonth low today. The thomson reutersjefferies c. R. B. Index, a Global Commodities benchmark, fell 1 today. Thats the sharpest oneday slide since early november. A big factor behind all the declines is a rally in the dollar. Another driving force of the selloff in commodities is worries about the global economy. If growth falters, there will less demand for most raw materials. The minutes from the federal reserves most recent meeting suggested the central bank ma