Oil futures tripped to a new low settlement for 2012 today, as political tensions in Greece and anxieties about the prospects for global demand continued to pressure the commodity lower. As the dollar strengthened for yet another session, June-dated crude fell 80 cents, or 0.8%, to land at $93.98 a barrel.
Gold futures also tagged a fresh low for the year, as the ongoing Greek drama and a surging greenback pulled the dollar-denominated commodity to its third straight loss. Gold for June delivery inched lower by $3.90, or 0.3%, to close at $1,557.10 an ounce.
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