Commodities

Oil prices on track for positive week on OPEC hopes
June 14, 2024 10:02 PM AEST| By InvestingInvesting.com-- Oil prices edged higher Friday, on course for sharp weekly gains on hopes of supply remaining tight while demand picks up.

Gold prices muted as dollar rebounds on prospect of fewer rate cuts
June 14, 2024 03:22 PM AEST| By InvestingInvesting.com-- Gold prices moved little in Asian trade on Friday, pressured by a rebound in the dollar as the prospect of fewer U.S. interest rate cuts largely offset optimism over some cooling in in

Oil prices dip but still set for positive week on OPEC hopes
June 14, 2024 12:12 PM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Friday as traders locked-in some profits at the end of a positive week, with crude prices set for their first weekly gain in four on hopes of tighter

Oil prices faces further oversupply jitters as Kurdistan oil exports may resume
June 14, 2024 07:22 AM AEST| By InvestingInvesting.com -- Worries about a looming crude supply surplus reining in oil prices have been lingering for months, and now could be set to intensify as Iraq and Kurdistan appear to be closing in on a

Roth analysts: Rising US natural gas prices amid Summer heat, project delays
June 14, 2024 07:04 AM AEST| By InvestingInvesting.com - According to an analyst note from Roth on Tuesday, US natural gas prices are climbing across the entire futures curve as summer temperatures rise.

Roth analysts: Natural gas prices surge, Kurdistan oil exports may resume soon
June 14, 2024 06:11 AM AEST| By InvestingInvesting.com - According to analysts from Roth, resumption of oil exports from Kurdistan may be imminent, a development that could significantly impact global oil markets.

Oil prices settle lower as supply surplus, demand concerns linger
June 14, 2024 05:08 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Thursday, as concerns over supply outstripping demand persist a day after a surprise build in U.S. crude inventories, but losses were kept in check by signs of

Silver prices forecast for 2024 as per Bank of America
June 13, 2024 12:50 AM AEST| By InvestingBank of America (NYSE:BAC) remains bullish on silver prices, predicting an increase throughout the latter half of 2024 and into 2025.

Oil prices higher after soft CPI release; US inventory draw helps
June 12, 2024 10:58 PM AEST| By InvestingInvesting.com-- Oil prices rose Wednesday, helped by signs of cooling U.S. inflation, extending gains after industry data showed U.S. inventories shrank more than expected in the past week.

IEA cuts 2024 crude demand growth forecast, sees 2029 peak
June 12, 2024 10:18 PM AEST| By Investing
Gold prices likely to reach as high as $3,000/oz over the next 12 months
June 12, 2024 09:32 PM AEST| By InvestingGold prices could surge up to $3,000 over the next 12 months, Citi analysts said, as a combination of strong physical demand, central bank purchases, and macroeconomic factors continue to support a bu

Citi sees oil prices crashing to $60 a barrel in 2025
June 12, 2024 09:04 PM AEST| By InvestingCiti analysts predict a drop in oil prices, with a forecast of $60 per barrel in 2025. This represents a potential decline of over 20% compared to current market expectations.

Gold prices steady around $2,300 with Fed rate decision, CPI on tap
June 12, 2024 03:06 PM AEST| By InvestingInvesting.com-- Gold prices moved little in Asian trade on Wednesday, hovering around a key support level as traders hunkered down before more definitive cues on U.S. rates from a Federal Reserve meet

Oil prices tick higher on US inventory draw; Fed, CPI awaited
June 12, 2024 11:26 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday, extending gains after industry data showed U.S. inventories shrank more than expected in the past week.

US oil futures rise after crude stocks fall more than expected
June 12, 2024 07:16 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $78.25 a barrel following the report after settling up 0.2% at $77.90 a barrel.

Well Fargo: Gold becoming expensive outside of the U.S.
June 12, 2024 01:48 AM AEST| By InvestingWells Fargo (NYSE:WFC) highlighted the impressive performance of gold in 2024, which is currently holding near record highs.

Crude oil steady ahead of key inflation data, Fed meeting
June 11, 2024 11:12 PM AEST| By Investing
Oil prices steady ahead of OPEC report, more rate cues
June 10, 2024 12:14 PM AEST| By InvestingInvesting.com-- Oil prices rose slightly in Asian trade on Monday, steadying after three straight weeks of losses as traders awaited more cues on U.S. interest rates and the OPEC due later this week.

Oil prices just higher after jobs data; OPEC+ prompts weekly losses
June 07, 2024 11:28 PM AEST| By InvestingInvesting.com-- Oil prices stabilized Friday after strong U.S. jobs data, with traders weighing up the potential for interest rates to remain elevated for longer with healthy economic activity in the

Gold prices rise towards $2,400 as rate cut bets grow before payrolls data
June 07, 2024 03:24 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Friday, coming close to key highs as bets on interest rate cuts by the Federal Reserve grew in anticipation of key nonfarm payrolls data due later in

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