CL
Crude oil prices fell quickly on Monday, as OPEC trimmed its demand forecasts for its own oil and hinted that production levels of U.S. crude might not level off until year's end. In its monthly report released on Monday, OPEC forecast that global demand for its crude oil will decrease to 29.19 million barrels per day, down slightly from its previous estimates by 100,000 barrels. Similarly, OPEC's forecast only accounted for modest increases in global oil demands revising previous estimates upward by an average of 1.17 million barrels per day to 92.37.
GOLD
Gold held on to small gains on Monday, after data showed that the New York Federal Reserve’s index of manufacturing conditions improved at a weaker rate than expected in March, adding to concerns over the strength of the economy.