Markets were flat yesterday, yet Crude Oil, Heating Oil, Brent Crude Oil showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Gold slipped 1.5% and closed at $2,025. Soybeans closed the day at $1,436.75, having gained 1.34%.
Current market events are being influenced by ambiguous macro data as United States Average Hourly Earnings came out at 0.5%, better than analyst estimates of 0.3% and improving upon the previous reading of 0.3%.
Despite yesterday's flat session, several commodities are managing to post notable gains. Take a look at the market's Top Gainers:
WTI crude | Up 4.03% to $71.32 yesterday
Having added to its 31 cents increase during 3 days of gains, WTI crude oil pointed in the same direction yesterday: US crude oil closed yesterday at $71.32 per barrel (with a daily low of $68.48) after ending Thursday at $68.56 and gaining 4.03%.
NYMEX Heating Oil | Up 3.85% to $2.33 yesterday
Having gone up 2.7 cents over the past 3 days, NY Heating Oil lived up to expectations yesterday by maintaining its set course — Heating Oil spiked to $2.33 per gallon, gaining 8.63 cents.
+3.81%: commodity traders stay bullish as Brent crude adds $2.76 or 3.81%
It was more of the same for Brent crude oil yesterday — ICE Brent crude went up to $75.26 per barrel yesterday, gaining 3.81%.