Commodities

Oil inventories slump by 6.5M barrels last week: API
May 30, 2024 07:04 AM AEST | By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $79.27 a barrel following the report after settling down 0.8% at $79.23 a barrel.

Oil prices settle lower ahead of fresh crude inventory data
May 30, 2024 05:38 AM AEST | By InvestingInvesting.com-- Oil prices settled lower Wednesday, as traders looked ahead to fresh petroleum inventory data for signs of a pick up demand as the U.S...

Oil prices rise on demand hopes; OPEC+ meeting looms
May 29, 2024 11:14 PM AEST | By InvestingInvesting.com-- Oil prices rose Wednesday, extending recent gains on expectations that OPEC+ will keep production cuts in place at the onset of the tr...


UBS favors oil, sees more potential upside in gold, copper
May 29, 2024 07:12 PM AEST | By InvestingUBS reiterated positive views on oil, gold, and copper as geopolitical tensions in the Middle East show no signs of stopping.

Gold prices steady amid rate jitters, copper flat with China in focu...
May 29, 2024 02:42 PM AEST | By InvestingInvesting.com-- Gold prices steadied in Asian trade on Wednesday as focus remained squarely on upcoming cues on U.S. inflation and interest rates, alt...

Gold prices steady as dollar drifts lower amid inflation watch
May 28, 2024 02:06 PM AEST | By InvestingInvesting.com-- Gold prices steadied in Asian trade on Tuesday, seeing some relief from a mildly weaker dollar as traders braced for a swathe of key i...

Oil prices steady after rebounding from 3-mth lows, inflation data a...
May 28, 2024 11:20 AM AEST | By InvestingInvesting.com-- Oil prices steadied in Asian trade on Tuesday after rebounding from more than three-month lows over the past two days, with focus rema...

Gold prices rise slightly after weekly losses; inflation in focus
May 27, 2024 02:56 PM AEST | By InvestingInvesting.com-- Gold prices rose slightly in Asian trade on Monday, recouping some of last week’s losses as traders remained cautious towards metal ma...

Oil prices settle higher, but fall to heavy weekly losses on rate, d...
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...

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

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 o...

Gold prices steady but head for steep weekly losses as rate cut hope...
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....

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, whil...

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...

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...

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 decli...

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 of...

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

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