Commodities

Oil prices deepen losses as OPEC+ delay brews uncertainty
November 23, 2023 01:02 PM AEDT| By InvestingInvesting.com-- Oil prices extended recent losses into Asian trade on Thursday as unexpected delay in an upcoming OPEC+ meeting spurred uncertainty over just how much further the producer group intend

Oil prices cut losses but settle lower on US stockpile build, OPEC+ meeting delay
November 23, 2023 07:12 AM AEDT| By InvestingGasoline inventories, one of the products that crude is refined into, rose by 749,000 barrels, confounding expectations for a draw of 150,000 barrels while distillate stockpiles fell by about 1 millio

Oil prices slump after OPEC+ postpone weekend's meeting
November 23, 2023 01:06 AM AEDT| By InvestingWeakness in the dollar, which had dropped to a 2-½ month low earlier this week, has been a major support point for oil, which is priced in the greenback, as it makes the commodity cheaper for foreign

Gold prices touch $2,000 as markets weigh Fed rate outlook
November 22, 2023 04:32 PM AEDT| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Wednesday after briefly touching key highs as the prospect of no more rate hikes by the Federal Reserve spurred continued flows into the yellow m

Oil prices muted as markets weigh massive U.S. inventory build, OPEC cuts
November 22, 2023 01:18 PM AEDT| By InvestingInvesting.com-- Oil prices moved little in Asian trade on Wednesday after industry data pointed to a substantial build in U.S. inventories, while traders continued to hold out for more supply cuts by

Oil settles lower following Fed minutes as focus shifts to OPEC+ meeting
November 22, 2023 07:54 AM AEDT| By InvestingThis article first appeared in Investing.com

Oil retreats ahead of Fed minutes, OPEC+ Meeting
November 22, 2023 12:56 AM AEDT| By InvestingThis article first appeared in Investing.com

Gold prices rally before Fed minutes, copper rises on tighter supplies
November 21, 2023 05:08 PM AEDT| By InvestingInvesting.com-- Gold prices rose sharply on Tuesday, tracking a weaker dollar and Treasury yields as markets priced in no more rate hikes from the Federal Reserve, with the minutes of central bank’s

Oil rebound rally cools; OPEC cuts, Fed minutes in focus
November 21, 2023 01:08 PM AEDT| By InvestingInvesting.com-- Oil prices fell slightly in Asian trade on Tuesday after rebounding sharply over the past three sessions, as anticipation of more Federal Reserve cues and speculation over production c

Oil prices start week on front foot amid hopes OPEC+ to deepen output cuts
November 21, 2023 06:58 AM AEDT| By InvestingThis article first appeared in Investing.com

Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed
November 18, 2023 06:50 AM AEDT| By InvestingOilfield services firm Baker Hughes Co (NYSE:BKR) reported its weekly U.S. rig count rose to 500 from 494.

Oil prices rise, but on course for fourth straight losing week
November 18, 2023 01:28 AM AEDT| By InvestingThis article first appeared in Investing.com

Oil prices buoyed by inflation relief; US inventories awaited
November 15, 2023 01:26 PM AEDT| By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday tracking optimism over cooling U.S. inflation and some positive Chinese data, with focus now turning to signs of a potential build in U.S. c

Crude oil surges after U.S. inflation cools, IEA lifts forecasts
November 15, 2023 01:40 AM AEDT| By Investing(Ambar Warrick contributed to this article.)

Oil: 3rd losing week; One of market’s loudest bulls admits buyers have vanished
November 11, 2023 06:42 AM AEDT| By InvestingInvesting.com - It’s not everyday that you get to read a Phil Flynn note that’s virtually bearish on oil. But to hear one of the market’s loudest oil bulls admit that people have been fleeing th

Oil prices rebound, but weekly losses likely as demand concerns persist
November 10, 2023 01:44 AM AEDT| By InvestingThe number of Americans filing new claims for unemployment benefits fell last week as the labor market continued to show few signs of a significant slowdown, data showed Thursday.

Gold prices hit three-week low as Fed uncertainty persists
November 09, 2023 03:56 PM AEDT| By InvestingInvesting.com-- Gold prices fell to a more-than three-week low on Thursday, extending a rash of recent losses after several Federal Reserve officials warned against bets that the central bank was done

Oil prices rebound after tumbling below $80, demand concerns persist
November 09, 2023 12:56 PM AEDT| By InvestingInvesting.com-- Oil prices rose on Thursday, recovering from near four-month lows as markets remained on edge over a slowdown in global crude demand, especially following weak signals from several maj

Oil settles at July low, dragging Brent below $80 as OPEC demand talk ignored
November 09, 2023 07:06 AM AEDT| By InvestingInvesting.com — Saudi Arabia and other oil producers can talk all they want about the so-called “demand” for oil. But the market isn’t buying it, sending global crude benchmark below $80 a bar

Oil prices slide to multi-month lows on worries over U.S. demand
November 09, 2023 01:26 AM AEDT| By InvestingThis article first appeared in Investing.com

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