CL
Crude oil fell to the lowest level in almost four months as supplies rose more than expected in the U.S., the biggest oil consuming country. Prices dropped 1.5 percent. Crude inventories climbed 5.25 million barrels last week, according to the Energy Information Administration. U.S. crude production grew 6.3 percent last week to 7.9 million barrels a day, the most since March 1989.
GOLD
Gold fluctuated near the highest level in more than three weeks as investors weighed speculation that the Federal Reserve may delay a reduction in stimulus until next year against signs of slowing demand in China. Gold rose 70 percent from December 2008 to June 2011 as the Fed pumped more than $2 trillion into the financial system to boost the economy. The Fed’s next two policy meetings are scheduled for October 29-30 and December 17-18.