Oil Trades Near $100, Natural Gas Rises: Commodities at Close

25/01/2012 22:50 AST

The Standard & Poor’s GSCI gauge of 24 commodities slid 0.2 percent to 657.81 at 5:48 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials was little changed at 1,581.084.

CRUDE OIL

Oil traded near $100 a barrel in New York on concern Iran may respond to a European embargo on its crude exports by following through on threats to disrupt Persian Gulf shipping.

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