Commodities

Oil prices settle higher, but fall to heavy weekly losses on rate, demand jitters
May 25, 2024 05:22 AM AEST| By InvestingInvesting.com-- Oil prices settled higher Friday, but that did little to prevent heavy weekly losses Friday as concerns over sticky inflation and high interest rates spurred doubts that demand will re

Oil prices heading for sharp weekly losses on interest rate, growth worries
May 24, 2024 10:38 PM AEST| By InvestingInvesting.com-- Oil prices drifted lower Friday, and were headed for steep weekly losses as concerns over sticky inflation and high interest rates spurred doubts that demand will remain robust this ye

UBS boosts gold prices forecast for 2024. Here's the new target
May 24, 2024 09:06 PM AEST| By InvestingUBS has raised its forecast for gold prices, projecting the precious metal to reach $2,600 per ounce by the end of 2024, up from the previous target of $2,500 per ounce.

Gold prices steady but head for steep weekly losses as rate cut hopes wane
May 24, 2024 03:06 PM AEST| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Friday, but were nursing steep declines through the week as concerns over high for longer U.S. interest rates dragged the yellow metal from recor

Oil prices dip amid Iran uncertainty, US rate jitters
May 21, 2024 12:34 PM AEST| By InvestingInvesting.com-- Oil prices edged lower in Asian trade on Tuesday, as markets were uncertain how the Iran President’s death could affect supplies, while traders feared that high U.S. interest rates w

Gold and silver to continue to appreciate - Julius Baer
May 18, 2024 04:46 AM AEST| By InvestingInvesting.com – With another day of gains in gold and silver futures, the Swiss group Julius Baer has decided to change its outlook on commodities to constructive. The group now believes that both m

Oil prices steady; weekly gains likely amid demand hopes
May 17, 2024 10:24 PM AEST| By InvestingInvesting.com -- Oil prices traded marginally higher Friday, and were headed for a positive week as milder U.S. inflation, shrinking U.S. inventories and increased Chinese stimulus stoked hopes of imp

Goldman Sachs discusses what's next for natural gas prices
May 17, 2024 06:24 PM AEST| By InvestingOver the past three weeks, US natural gas prices have surged 30% to above $2.50 per million British thermal units (mm/BTU), fueled by production declines and increased feedgas demand for liquified nat

Gold prices trim some weekly gains on tempered rate cut hopes
May 17, 2024 02:44 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly on Friday, trimming some of their gains for the week as comments from a slew of Federal Reserve officials offered a more sobering outlook on interest rate cut

Oil prices settle lower, but end week in green on easing demand concerns
May 11, 2024 05:42 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Friday, but notched a positive week following big gains earlier this week amid fading hopes of Gaza ceasefire and easing concerns about demand.

Oil prices set for positive week on demand hopes, Middle East tensions
May 10, 2024 10:42 PM AEST| By InvestingInvesting.com-- Oil prices rose Friday, on track for a positive week, after signs of demand growth in both the U.S. and China, while tensions remained strained in the Middle East.

This indicator says oil prices will bottom soon: analysts
May 10, 2024 07:18 PM AEST| By InvestingOil prices are set to bottom in the coming months, The McClellan Market Report, citing recent gold price trends.

Oil prices rise amid mixed China cues, Israel-Hamas ceasefire in focus
May 09, 2024 01:58 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday following somewhat mixed trade data from China, while markets continued to watch for any potential signs of de-escalation in the Middle East.

Oil prices inch higher with China cues, Israel-Hamas ceasefire in focus
May 09, 2024 11:30 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday as focus turned to upcoming trade data from China for more cues on demand in the world’s largest crude importer.

Oil prices next move likely dip below $80 rather than jump above $90: Macquarie
May 09, 2024 07:12 AM AEST| By InvestingInvesting.com -- Brent oil prices are likely to fall below $80 a barrel rather than break through $90 a barrel as bearish storm clouds are likely grow in the months ahead.

Oil prices settle higher even as US stockpiles fall less than expected
May 09, 2024 05:24 AM AEST| By InvestingInvesting.com -- Oil prices settled higher Wednesday even as U.S. oil supplies fell for less than expected, though signs of a pick up in refining activity ahead of the U.S. summer driving season boost

Oil prices fall as US stockpiles increase; OPEC+ output levels eyed
May 08, 2024 10:38 PM AEST| By InvestingInvesting.co -- Oil prices fell Wednesday as industry data pointed to a sustained increase in U.S. inventories, implying demand from the world's largest consumer is coming under pressure.

Gold prices muted amid uncertainty over interest rates
May 08, 2024 02:36 PM AEST| By InvestingInvesting.com-- Gold prices rose marginally in Asian trade on Wednesday, seeing little support from safe haven demand as recent comments from Federal Reserve officials saw markets second-guess expecta

Oil prices dip as US stockpiles increase, M.East tensions persist
May 08, 2024 12:10 PM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Wednesday as industry data pointed to a sustained increase in U.S. inventories, although losses were limited by continued concerns over geopolitical u

Oil Inventories unexpectedly rise by 509,000 barrels last week: API
May 08, 2024 06:56 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $78.29 a barrel following the report after settling down at $78.38 a barrel.

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