Commodities


 Oil prices deepen losses as OPEC+ delay brews uncertainty

Oil prices deepen losses as OPEC+ delay brews uncertainty

November 23, 2023 01:02 PM AEDT| By Investing

Investing.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

Oil prices cut losses but settle lower on US stockpile build, OPEC+ meeting delay

November 23, 2023 07:12 AM AEDT| By Investing

Gasoline 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

Oil prices slump after OPEC+ postpone weekend's meeting

November 23, 2023 01:06 AM AEDT| By Investing

Weakness 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

Gold prices touch $2,000 as markets weigh Fed rate outlook

November 22, 2023 04:32 PM AEDT| By Investing

Investing.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

Oil prices muted as markets weigh massive U.S. inventory build, OPEC cuts

November 22, 2023 01:18 PM AEDT| By Investing

Investing.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

Oil settles lower following Fed minutes as focus shifts to OPEC+ meeting

November 22, 2023 07:54 AM AEDT| By Investing

This article first appeared in Investing.com

 Oil retreats ahead of Fed minutes, OPEC+ Meeting

Oil retreats ahead of Fed minutes, OPEC+ Meeting

November 22, 2023 12:56 AM AEDT| By Investing

This article first appeared in Investing.com

 Gold prices rally before Fed minutes, copper rises on tighter supplies

Gold prices rally before Fed minutes, copper rises on tighter supplies

November 21, 2023 05:08 PM AEDT| By Investing

Investing.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

Oil rebound rally cools; OPEC cuts, Fed minutes in focus

November 21, 2023 01:08 PM AEDT| By Investing

Investing.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

Oil prices start week on front foot amid hopes OPEC+ to deepen output cuts

November 21, 2023 06:58 AM AEDT| By Investing

This article first appeared in Investing.com

 Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed

Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed

November 18, 2023 06:50 AM AEDT| By Investing

Oilfield 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

Oil prices rise, but on course for fourth straight losing week

November 18, 2023 01:28 AM AEDT| By Investing

This article first appeared in Investing.com

 Oil prices buoyed by inflation relief; US inventories awaited

Oil prices buoyed by inflation relief; US inventories awaited

November 15, 2023 01:26 PM AEDT| By Investing

Investing.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

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

Oil: 3rd losing week; One of market’s loudest bulls admits buyers have vanished

November 11, 2023 06:42 AM AEDT| By Investing

Investing.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

Oil prices rebound, but weekly losses likely as demand concerns persist

November 10, 2023 01:44 AM AEDT| By Investing

The 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

Gold prices hit three-week low as Fed uncertainty persists

November 09, 2023 03:56 PM AEDT| By Investing

Investing.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

Oil prices rebound after tumbling below $80, demand concerns persist

November 09, 2023 12:56 PM AEDT| By Investing

Investing.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

Oil settles at July low, dragging Brent below $80 as OPEC demand talk ignored

November 09, 2023 07:06 AM AEDT| By Investing

Investing.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

Oil prices slide to multi-month lows on worries over U.S. demand

November 09, 2023 01:26 AM AEDT| By Investing

This article first appeared in Investing.com

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