(ANSA) – MILAN, NOV 26 – The panic that is affecting the stock exchanges for the South African variant of Colvid 19 does not spare the prices of crude oil and other raw materials. The barrel (WTI – 6.6% at 73.3 dollars) clears in a single day much of the jump marked between October and November after reaching 83.8 dollars on 23 October, returning to the levels of 1 October. As for gas, despite the winter season, the drop in Amsterdam is 3.15% to 90.25 euros per MWh, on fears of a new slowdown for production activities. Last 5 October it had reached € 116.49. Apart from gold (+ 1.14% to 1808.86 dollars an ounce), a traditional safe-haven asset, metals also fell, from copper (-2.72% to 4.31 dollars a pound) to steel (-1.63% to 4,295 dollars a ton).
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Source From: Ansa
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