Oil prices mixed

Crude oil prices were mixed on Monday.

While Brent crude for August delivery added 63 cents to $76.25 per barrel on the Intercontinental Exchange in London, August contracts for West Texas Intermediate crude was 79 cents lower to $72.02 by early afternoon in New York.

Nymex August gasoline added 3 cents to $2.34 per gallon, while Nymex August heating oil was trading even at $2.10 per gallon.

September contracts for Nymex natural gas, meanwhile, had dropped 3 cents to $6.53 per million British thermal units.

Precious metals prices were higher, while base metals remained mixed.

August gold added $7.70 to $662.50 per troy ounce in New York as investors speculated that the dollar will fall and increase demand for metals as safer investments.

September silver was higher as well, adding 6 cents to $12.82 per troy ounce in New York, while October platinum gained $6.90 to $1,318 per troy ounce.

In base metals, copper prices were higher in London on Monday, rising above the $8,000 level for the first time since May but later dropping back to trade at $7,985 per tonne by the close of trade, still a gain of 1.6 percent on the session.

In New York, September copper was 4 cents higher to $3.63 per pound.

Elsewhere, lead added 3.2 percent to $2,955 per tonne after rising to an all-time high of $2,962 earlier in the session, while aluminium held steady at $2,812 per tonne and nickel fell 2.8 percent to trade at $34,300 per tonne.

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