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Oil prices rise on signs on US inventory draw, supply risks
August 28, 2024 12:01 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday, buoyed by industry data pointing to another outsized draw in U.S. inventories, while tensions in the Middle East and supply disruptions in
US oil futures in slight boost after API shows larger decline in crude stocks
August 28, 2024 07:35 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $75.89 a barrel following the report after settling down 2.4%% at $75.53 a barrel.
Oil prices settle lower to snap three-session win streak; fresh inventory data due
August 28, 2024 06:37 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Tuesday, snapping a three-session rally as traders continued to assess demand ahead of fresh U.S. inventory data due this week.
UBS cuts lithium prices forecast on weak EV demand
August 27, 2024 11:09 PM AEST| By InvestingThis article first appeared in Investing.com
More upside seen for silver prices in coming months, says UBS
August 27, 2024 10:43 PM AEST| By InvestingThis article first appeared in Investing.com
Oil prices hand back some recent gains; Libya output in focus
August 27, 2024 10:23 PM AEST| By InvestingInvesting.com-- Oil prices fell Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider war in the Middle East.
Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500
August 27, 2024 03:53 PM AEST| By InvestingInvesting.com-- Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates and increased safe haven demand kept the yello
Oil prices dip with eyes on Libya output, Middle East conflict
August 27, 2024 12:27 PM AEST| By InvestingInvesting.com-- Oil prices fell in Asian trade on Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider war in the Mi
Oil prices rally on Libya output cuts, fears of wider Middle East conflict
August 27, 2024 05:05 AM AEST| By InvestingInvesting.com -- Oil prices rallied Monday, driven by Libya output cuts and fresh concerns about a wider escalation in the Middle East following an escalation in Israel-Hezbollah tensions and waning h
Besides ME tensions, Libya’s crisis could cause oil prices to overshoot
August 26, 2024 10:49 PM AEST| By InvestingThis article first appeared in Investing.com
Gold prices steady above $2,500 amid rate cut cheer
August 26, 2024 04:19 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly in Asian trade on Monday, but remained in sight of record highs last week as the prospect of lower U.S. interest rates battered the dollar and presented a bri
Oil prices rise with no Gaza ceasefire in sight
August 26, 2024 12:17 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Monday, extending a rebound from the prior session as media reports showed no progress towards an Israel-Hamas ceasefire while hostilities in the regi
Oil prices end week in red despite settling higher as Powell boosts rate-cut hopes
August 24, 2024 06:39 AM AEST| By InvestingInvesting.com-- Oil prices ended the week in the red despite settling higher Friday, as Federal Reserve chairman Jerome Powell's signal that rate cuts were coming boosted sentiment on risk assets.
Oil prices rise, but still set for weekly losses on demand jitters
August 23, 2024 11:39 PM AEST| By InvestingInvesting.com-- Oil prices firmed Friday, helped by some bargain buying, but were still headed for weekly losses amid persistent concerns over slowing demand.
Morgan Stanley lowers its global demand growth forecast for oil
August 23, 2024 08:39 PM AEST| By InvestingThis article first appeared in Investing.com
Gold prices nurse tumble from record highs with Powell, rate cuts in focus
August 23, 2024 04:33 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Friday but were nursing a tumble from record highs in the prior session as caution before an address by Federal Reserve Chair Jerome Powell lent some
Oil prices flat, set for dismal week on demand jitters
August 23, 2024 12:47 PM AEST| By InvestingInvesting.com-- Oil prices steadied in Asian trade on Friday after rebounding in the prior session amid some bargain buying, but were still headed for steep weekly losses amid persistent concerns over
Oil prices edger higher after US draw; hefty weekly losses likely
August 22, 2024 11:05 PM AEST| By InvestingInvesting.com-- Oil prices edged higher Thursday, helped by an unexpected draw in U.S. inventories, but remained on course for hefty weekly losses as weak U.S. labor data added to ongoing global deman
Pressure on crude could pose a short-term buying opportunity: Citi
August 22, 2024 10:59 PM AEST| By InvestingThis article first appeared in Investing.com
Gold positioning does not look stretched despite record highs: UBS
August 22, 2024 09:47 PM AEST| By InvestingThis article first appeared in Investing.com
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