Commodities Trade in Broad Weakness

[BRIEFING.COM] Oil prices are down 1.8% to $78.15 per barrel in the wake of the latest weekly inventory data, which showed a build of 778,000 barrels. Analysts, on average, had believed oil inventories would increase by 1.91 million barrels. Meanwhile, gasoline inventories increased 1.62 million. They were expected to decline by 1 million barrels.