Summary Box: Commodities mixed on global events

AP News
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Posted: Apr 07, 2011 3:50 PM
Summary Box: Commodities mixed on global events

GLOBAL WATCH: Commodities were mixed after the European Central Bank raised a key interest rate and Japan was rocked by a powerful aftershock to last month's earthquake and tsunami.

OIL'S MOVE: Oil prices rose above $110 a barrel for the first time since September 2008. Heating oil also settled higher while gasoline and natural gas fell.

COPPER-JAPAN: Copper prices rose as investors anticipated Japan would need more of the metal to help rebuild.