Oil Prices Plunge on Economic Data

Posted June 1st, 2011 at 3:45 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Wednesday:

The price of crude oil slid $2.41 to close at $100.29 a barrel after a series of reports on jobs and manufacturing sparked concerns that the U.S. economic recovery may be starting to stagnate.

Coffee prices fell almost 9 cents to to end at $2.56 a pound

Copper fell 7 cents to trade at $4.10 per pound.

Cocoa declined $46 to finish the day's trading at $2,953 a ton.