Commodities

Oil prices settle lower as rebound fades
December 08, 2023 07:58 AM AEDT| By InvestingInvesting.com - Oil prices settled lower Thursday as a rebound from six-month lows proved short lived as fresh demand worries and ongoing oversupply concerns quashed an intraday rebound.

Oil prices rise after bruising losses in prior session
December 08, 2023 02:12 AM AEDT| By InvestingInvesting.com - Oil prices edged higher in early U.S. trading on Thursday, regaining some ground after slumping to a six-month low in the prior session, although concerns swirled around fuel demand in

Gold prices steady with US labor data, rate cut bets in focus
December 07, 2023 04:46 PM AEDT| By InvestingInvesting.com-- Gold prices moved little in Asian trade on Thursday as traders hunkered down in anticipation of more cues on a cooling U.S. labor market, while focus also remained on when the Federal

Oil prices rise after bruising losses amid talks of more OPEC+ measures
December 07, 2023 01:02 PM AEDT| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday after tumbling to over five-month lows, as a meeting between Russian and Saudi leaders saw the two discussing more “cooperation” on oil p

Oil prices slump on OPEC skepticism, global growth concerns
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Gold prices pull back further from record highs; Fed cuts in focus
December 06, 2023 04:38 PM AEDT| By InvestingInvesting.com-- Gold prices moved little in Asian trade on Wednesday after falling sharply from record highs this week, with traders now seeking more cues on when the Federal Reserve will begin trimmi

Oil prices pinned near 5-mth low on China woes, US inventory build
December 06, 2023 01:26 PM AEDT| By InvestingInvesting.com-- Oil prices moved little in Asian trade on Wednesday, sticking to near five-month lows after a warning on China's economy rattled markets, while signs of an unexpected build in U.S. cru

Oil Inventories unexpectedly jumped by 594,000 Barrels Last Week: API
December 06, 2023 09:24 AM AEDT| By InvestingInvesting.com -- U.S. crude inventory unexpectedly increased last week, the API reported Tuesday, adding to concerns about a potential global crude supply surplus following weaker-than-expected pledge

Oil prices settle lower on dollar strength, ongoing supply surplus concerns
December 06, 2023 08:10 AM AEDT| By InvestingThis article first appeared in Investing.com

Oil prices rise as Middle East risks persist; OPEC cuts disappoint
December 06, 2023 01:52 AM AEDT| By InvestingThis article first appeared in Investing.com

Oil prices inch up from near 5-mth lows as Middle East risks persist
December 05, 2023 12:48 PM AEDT| By InvestingInvesting.com-- Oil prices rose in Asian trade on Tuesday as focus remained on a potential escalation in the Israel-Hamas conflict, although disappointing OPEC+ cuts and strength in the dollar kept cr

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

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