Oil slips to $59.11/bbl

Crude oil prices declined on Wednesday, with the Nymex US light crude oil for September delivery ending 9 cents lower at $59.11 a barrel. The London Brent crude slipped 2 cents to close at $57.98 per barrel.

The commodity segment saw the Comex gold gain $1.30 to settle at $430.60 an ounce.