Oil Prices Plunge

Posted June 15th, 2011 at 4:40 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Wednesday:

Crude oil prices dropped nearly $5 to close at $94.81 a barrel.

Coffee futures fell 7 cents to finish at $2.63 per pound.

Copper prices lost 3 cents to end at $4.12 a pound.

Cocoa futures declined $27 to $2,987 a ton.

In Chicago trading, wheat prices fell 23 cents to end at $7.09 a bushel.

Rice prices lost 13 cents to close at $14.21 a hundredweight.