Crude Oil Hovers, Gold Backslides
Posted on May 02, 2012 at 20:08 PM EDT
The price of crude oil in New York held near $105 per barrel, as unemployment in the eurozone rose to 10.9 percent, a record for the currency region. On the New York Mercantile Exchange, West Texas Intermediate crude oil for June delivery peaked at $105.42 per barrel before settling slightly lower at $105.36....