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Crude continues to show notable volatility this morning ahead of OPEC's meeting tomorrow. After falling over 1% after pit trading began to new session lows of $97.81, crude has recovered most of its losses in recent trade and is now down 0.3% at $98.70/barrel
Natural gas trended higher shortly after pit trading opened and pushed into positive territroy. But after hitting current session highs of $4.85/MMBtu at the top of the hour, it dropped 1.2% over the next seven minutes to $4.79. After trading in a tight range over the last 25 minutes, the energy component is down 0.7 at $4.79/MMBtu
In the precious metals space, gold is showing little action, while siler is back near the $37 level. Gold futures have been chopping around the unchanged line this morning and is currently down 0.03% at $1546.80/oz. Silver has been in positive territory all session. It hit session highs of $37.52/oz. in early morning trade and has shown a general downtrend since. In current activity, it's up 0.7% at $37.04/oz.
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