Benchmark U.S. crude oil for August delivery fell $2.36 to settle at $38.01 a barrel Wednesday. Brent crude oil for August delivery fell $2.32 to $40.31 a barrel.
Wholesale gasoline for July delivery fell 10 cents to $1.20 a gallon. July heating oil fell 5 cents to $1.15 a gallon. July natural gas fell 4 cents to $1.60 per 1,000 cubic feet.
Gold for August delivery fell $6.90 to $1,775.10 an ounce, silver for July delivery fell 39 cents to $17.67 an ounce and July copper fell 1 cent to $2.65 a pound.
The dollar rose to 106.94 Japanese yen from 106.47 yen. The euro fell to $1.1258 from $1.1311.