Commodities

Oil prices settled lower as supply concerns overshadow fresh geopolitical jitters
December 05, 2023 07:36 AM AEDT| By Investing"Crude oil price near USD80/bbl looks underpriced as market is in deficit and inventories are low. Further, geopolitical risks are still looming, a wider conflict in the Middle East will be a potentia

Oil prices dip over OPEC+ outcut cuts disappointment
December 05, 2023 01:20 AM AEDT| By InvestingThis article first appeared in Investing.com

Gold prices hit record high on bets of early Fed rate cuts
December 04, 2023 11:54 PM AEDT| By InvestingInvesting.com -- Gold prices touched an all-time high on Monday, but later pared back some of these gains, as traders bet on the potential for a Federal Reserve interest rate cut next year.

Oil prices dip as OPEC+ disappointment offsets rate cheer, M.East risks
December 04, 2023 01:54 PM AEDT| By InvestingInvesting.com-- Oil prices fell in Asian trade on Monday as the prospect of less tight markets in 2024 largely offset positive signals from a less hawkish Federal Reserve and potential supply disrupti

Oil prices steady amid rate cut bets, Middle East risks
December 04, 2023 12:56 PM AEDT| By InvestingInvesting.com-- Oil prices steadied in Asian trade on Monday following six straight weeks of losses amid growing optimism over early monetary easing in 2024, while attacks on U.S. vessels in the Red S

Gold prices hit record high above $2,100 on bets of early Fed cuts
December 04, 2023 11:42 AM AEDT| By InvestingInvesting.com-- Gold prices surged to a record high in Asian trade on Monday, extending a raft of recent gains as markets bet that the Federal Reserve could begin cutting interest rates by as soon as

Oil prices in 6th weekly side as bears sharpen claws after OPEC+ cuts fall short
December 02, 2023 08:20 AM AEDT| By InvestingSeven OPEC+ countries announced plans for additional voluntary production cuts in the first quarter, the sum of which amount to “paper cut” of 896,000 barrels per day, Goldman Sachs said in a note

Oil prices stabilize after OPEC-induced losses; Powell speech eyed
December 02, 2023 01:10 AM AEDT| By InvestingThis article first appeared in Investing.com

Gold prices steady after strong November gains, Powell in focus
December 01, 2023 05:24 PM AEDT| By InvestingInvesting.com-- Gold prices steadied near a seven-month high on Friday, pausing their recent rally amid anticipation of more cues on U.S. interest rates from Federal Reserve Chair Jerome Powell later

Oil prices slip further as OPEC cuts, China data underwhelm
December 01, 2023 01:08 PM AEDT| By InvestingInvesting.com-- Oil prices fell slightly in Asian trade on Friday, extending losses from the prior session as the OPEC+ cut supply by a smaller-than-expected margin, while weak data from China added t

Oil prices settle lower as OPEC+ voluntary cut agreements underwhelm
December 01, 2023 07:40 AM AEDT| By InvestingInvesting.com -- Oil prices settled lower Thursday as OPEC+ members agreed to make additional voluntary production cuts that fell short of estimates amid signs of ongoing divisions among members for d

Crude rises; Market awaits OPEC+ decision
December 01, 2023 01:50 AM AEDT| By InvestingInvesting.com -- Oil prices climbed higher Thursday as a group of top producers met to discuss potential further output reductions to support the market.

Gold prices pause near 7-mth high with PCE inflation data in focus
November 30, 2023 05:04 PM AEDT| By InvestingInvesting.com-- Gold prices fell slightly on Thursday as a recent rally in the yellow metal appeared to have paused, as markets awaited more cues on U.S. monetary policy from a key inflation reading d

Oil prices dip as China PMIs disappoint, OPEC+ cuts in focus
November 30, 2023 01:08 PM AEDT| By InvestingInvesting.com-- Oil prices fell in Asian trade on Thursday tracking weak economic signals from top importer China, with traders now holding out for an upcoming OPEC+ meeting where the cartel is widely

Oil prices settle higher after supply disruptions; OPEC+ meeting eyed
November 30, 2023 07:52 AM AEDT| By InvestingInvesting.com-- Oil prices rose sharply Wednesday, shrugging off unexpected increase in U.S crude stockpiles amid further supply disruptions just a day ahead of an OPEC+ meeting to decide on future ou

Crude rises after supply disruptions; OPEC+ meeting eyed
November 30, 2023 01:24 AM AEDT| By InvestingInvesting.com-- Oil prices rose sharply Wednesday, boosted by further supply disruptions ahead of a delayed OPEC+ meeting to decide on future output policy.

Gold prices race to near 7-mth high on dovish Fed speak
November 29, 2023 04:02 PM AEDT| By InvestingInvesting.com-- Gold prices rose in Asian trade on Wednesday, reaching a near seven-month high as a string of dovish signals from Federal Reserve officials ramped up bets on an early pivot by the cent

Oil prices extend gains on OPEC+ cut bets, more supply disruptions
November 29, 2023 01:10 PM AEDT| By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday, extending gains from the prior session as traders bet on more production cuts being announced at an OPEC+ meeting this week.

Oil Inventories Fall by 817,000 Barrels Last Week: API
November 29, 2023 08:56 AM AEDT| By InvestingInvesting.com -- U.S. crude inventory fell by less than expected last week, the API reported Tuesday, though snapped a four-week streak of gains just as optimism grows for further production cuts from

Oil prices settle higher amid dent in dollar, potential OPEC+ output cuts
November 29, 2023 07:14 AM AEDT| By InvestingThis article first appeared in Investing.com

Advertise your brand on Kalkine Media