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Commodities Finish Higher as Crude Manages Positive Close in

Financial News Network
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March 18, 2011 AT 12:05 PM
Commodities finished trading higher as crude oil futures moved higher in the last hour of trading after sitting lower on concerns about how the earthquake and the resulting impact will affect that country's refining capacity. Gold ended fractionally higher. Light, sweet crude oil for April delivery finished up 0.1%, to $101.19 a barrel. In other energy futures, heating oil was down 0.38% to $3.05 a gallon while natural gas was down 2.8% to $3.92 per million British thermal units. Meanwhile, gold futures ended higher as the dollar weakened. Gold for April delivery finished up 0.2% to $1,424.90 an ounce. In other metal futures, silver was down 0.13% to $35.89 a troy ounce while copper traded down 0.38% to $4.19. The U.S. dollar index (DXY) is down 0.55% to $76.35.