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War prices: oil and metals are down, gas and grain are running

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Energy crisis, the EU prepares the mandatory cut in gas consumption (ANSA)

(ANSA) – MILAN, JULY 20 – Prices for oil and metals fall on the 147th day of the war between Russia and Ukraine, while the gas rush continues pending the EU plan to cut consumption to cope to winter and the cutting of flows from Russia. The WTI gege dropped 1.46% to 102.7 dollars a barrel after the increase in stocks expected yesterday and pending the final figure expected in the evening. Brent also fell (-1.63% to 105.6 dollars per MWh). They sell aluminum (-1.55% to $ 2,389 per ton), copper (-2.01% to $ 7,277 per ton), iron (-1.35% to $ 659 per ton) and steel (-0.24% to 3,805 dollars a ton) after the run of the eve. Gold fell (-0.25% to 1,712, $ 69 an ounce), silver remained stable (+ 0.01% to $ 18.89 an ounce).

Wheat runs pending an agreement to allow exports from Ukraine and with the persistence of drought in Europe. Durum wheat gained 2.27% at $ 889 per unit of 5mil bushels and soft wheat 2.55% at $ 833. (HANDLE).

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Source: Ansa

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