Brent Prices Fall After North Korean Nuclear Test

Brent prices were down on Monday morning after investors shied
away from crude oil markets and instead turned to safer-haven gold
futures after North Korea conducted its sixth and most powerful
nuclear test over the weekend. At 09:40 am CST on Monday, Brent
Crude was down 0.23 percent at US$52.63. Meanwhile, spot gold
prices today touched a one-year high as investors flocked to safer
asset classes. WTI Crude, the U.S. benchmark, was holding steady,
up 0.38 percent at US$47.47. Trading in crude futures today is
expected to be thin due to the Labor…

Brent prices were down on Monday morning after investors shied
away from crude oil markets and instead turned to safer-haven gold
futures after North Korea conducted its sixth and most powerful
nuclear test over the weekend. At 09:40 am CST on Monday, Brent
Crude was down 0.23 percent at US$52.63. Meanwhile, spot gold
prices today touched a one-year high as investors flocked to safer
asset classes. WTI Crude, the U.S. benchmark, was holding steady,
up 0.38 percent at US$47.47. Trading in crude futures today is
expected to be thin due to the Labor…