Commodities wrap-up for the week shows that though crude prices, which took a hit and dropped below $44 on Tuesday rallied, it still ended the week with a loss of $1.43 (Brent) and $1.62 (WTI). Analysts have forecasted that the rebound may not be complete until current oversupply has been cleared and expansion of U.S shale drilling firms slowed down.
With the exception of gold that made a weekly gain of $1.21, all other commodities ended with the week with loss.
The time for opening prices was at 8am EDT (12 noon GMT) on Monday June 19 and closing prices were at 2pm EDT (6pm GMT) on Friday June 23.Â
Also in the news: Nigerian equities see 5.0% week-on-week loss as investors weigh on falling oil prices
