Commodities


 Oil prices settle higher, but fall to heavy weekly losses on rate, demand jitters

Oil prices settle higher, but fall to heavy weekly losses on rate, demand jitters

May 25, 2024 05:22 AM AEST| By Investing

Investing.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

Oil prices heading for sharp weekly losses on interest rate, growth worries

May 24, 2024 10:38 PM AEST| By Investing

Investing.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

UBS boosts gold prices forecast for 2024. Here's the new target

May 24, 2024 09:06 PM AEST| By Investing

UBS 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

Gold prices steady but head for steep weekly losses as rate cut hopes wane

May 24, 2024 03:06 PM AEST| By Investing

Investing.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

Oil prices dip amid Iran uncertainty, US rate jitters

May 21, 2024 12:34 PM AEST| By Investing

Investing.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

Gold and silver to continue to appreciate - Julius Baer

May 18, 2024 04:46 AM AEST| By Investing

Investing.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

Oil prices steady; weekly gains likely amid demand hopes

May 17, 2024 10:24 PM AEST| By Investing

Investing.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

Goldman Sachs discusses what's next for natural gas prices

May 17, 2024 06:24 PM AEST| By Investing

Over 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

Gold prices trim some weekly gains on tempered rate cut hopes

May 17, 2024 02:44 PM AEST| By Investing

Investing.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

Oil prices settle lower, but end week in green on easing demand concerns

May 11, 2024 05:42 AM AEST| By Investing

Investing.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

Oil prices set for positive week on demand hopes, Middle East tensions

May 10, 2024 10:42 PM AEST| By Investing

Investing.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

This indicator says oil prices will bottom soon: analysts

May 10, 2024 07:18 PM AEST| By Investing

Oil 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

Oil prices rise amid mixed China cues, Israel-Hamas ceasefire in focus

May 09, 2024 01:58 PM AEST| By Investing

Investing.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

Oil prices inch higher with China cues, Israel-Hamas ceasefire in focus

May 09, 2024 11:30 AM AEST| By Investing

Investing.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

Oil prices next move likely dip below $80 rather than jump above $90: Macquarie

May 09, 2024 07:12 AM AEST| By Investing

Investing.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

Oil prices settle higher even as US stockpiles fall less than expected

May 09, 2024 05:24 AM AEST| By Investing

Investing.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

Oil prices fall as US stockpiles increase; OPEC+ output levels eyed

May 08, 2024 10:38 PM AEST| By Investing

Investing.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

Gold prices muted amid uncertainty over interest rates

May 08, 2024 02:36 PM AEST| By Investing

Investing.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

Oil prices dip as US stockpiles increase, M.East tensions persist

May 08, 2024 12:10 PM AEST| By Investing

Investing.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

Oil Inventories unexpectedly rise by 509,000 barrels last week: API

May 08, 2024 06:56 AM AEST| By Investing

Crude 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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