Oil Pressured by Renewed Demand Concerns & Rate Hike expectation
WTI crude futures fell below $86 per barrel; lowest level since Jan
Brent crude futures fell below $92 per barrel, sliding toward the lowest levels since February

*LME Aluminium fall to a 17-month low
Strong dollar and worries over economic growth overshadowed production cuts in Europe.
Latest news on Tuesday when France’s biggest aluminium smelter Aluminium Dunkerque said it will reduce production by a fifth.

Gold slipped from a one-week high as the dollar and Treasury yields climbed. Gold down 1% in the last week

Malaysian palm oil slipped after a survey signalled that inventories swelled above 2mln tonnes, and further dragged down by weaker crude prices.Malaysian Palm Oil down 7.5% in the 1 week
Vinnii Motiwala is here with more details.

#vinniimotiwala #commodityupdate #commoditynews
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