1. Crude and heating oil futures slumped for a second day as forecasts for warmer weather in the U.S. signalled that demand could fall. 2. Crude oil futures slumped amid concern Iraq would reach an agreement with the United Nations to sell limited amounts of oil in order to fund humanitarian aid. 3. Futures also slumped amid speculation that hedge funds were selling contracts. 4. In NEW YORK, platinum and palladium futures slumped amid expectations that Russian exports of the metals, halted in December, will resume sooner than previously thought. 5. Natural gas futures slumped after forecasts for milder weather in parts of the U.S. signaled a break in demand for heating fuels. 6. Natural gas futures slumped following a larger-than-expected weekly gain in inventories, gas traders said. 7. Natural gas futures slumped following a larger-than-expected weekly gain in inventories. 8. Natural gas futures slumped amid fading concern a hurricane in the Gulf of Mexico would disrupt production at offshore platforms there. 9. Corn futures followed wheat, while soybeans futures slumped. 10. Corn futures slumped amid little supportive news. |