Oil Slips on Russian Supply Outlook; Gold Gains on Fed Rate Bets
Crude prices fell on expectations of increased Russian fuel exports, while gold rose as traders reduced bets on a Federal Reserve rate hike this month.
Commodity markets traded mixed on October 19, with crude oil prices slipping on expectations of increased Russian fuel exports, while, gold prices opened the week higher as traders scaled back bets on a Federal Reserve interest rate hike this month.Oil prices slipped on Monday after US President Do…