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Crude oil prices dropped 3% to a one-week low, driving weakness across energy-linked commodities. Lower crude prices reduce ethanol profitability, prompting global sugar mills to divert cane crushing…
WTI crude oil prices dropped significantly by 4.1%, falling to $86.34 per barrel. This sharp decline reflects a bearish shift in energy market sentiment.
Canada's TSX index dropped as investors awaited U.S. economic data and Nvidia's earnings, with commodity prices also declining.