Markets to Watch Today

Crude Oil: October Crude Oil futures rose on Wednesday, snapping a seven-day losing streak. The main factor behind the rise was the Energy Information Administration’s report that U.S. crude supplies fell 2.9 million barrels to 327.7 million last week. The October Crude Oil contract rose 21 cents, to settle at $63.97 a barrel.

Sugar: October Sugar futures rallied to 2 ½-week highs on Wednesday. Behind the rally was buying from both trade houses and speculators. Gains were also attributed to merger talks between the NYBOT and the IntercontinentalExchange. October Sugar rose 0.82 cents, to settle at 12.37 cents a pound.

Gold: December Gold futures closed higher on Wednesday, marking an end to a five-day losing streak. Gold had seen prices fall a total of $52.60, or 8%, over that five-day period. December Gold rose $2, to settle at $596.30 a troy ounce.