Tag: commodities

March 27, 2020

Oil futures edged lower Friday, as traders continued to balance optimism over a $2 trillion U.S. fiscal stimulus package against a huge drop in demand as result of the global COVID-19 pandemic. West Texas Intermediate crude for May delivery CLK20, […]

November 22, 2019

Oil futures pulled back modestly Friday from a two-month high, but remained on track for a weekly rise on growing expectations the Organization of the Petroleum Exporting Countries and its allies will agree to extend production cuts when they meet […]

December 11, 2017

Oil prices edged higher Monday as upbeat economic data helped to raise expectations for crude demand, offsetting some pressure from concerns over growing U.S. production. On the New York Mercantile Exchange, January West Texas Intermediate crude CLF8, +0.63% tacked on […]

January 26, 2017

Gold prices have been under pressure ever since the rally in global stocks and dollar following Donald Trump’s victory in the U.S. elections. But a report from UBS says that investors are scaling back optimism that emerged shortly after the […]

September 13, 2016

Since June 2014, oil has plummeted from a high more than $100 per barrel, dragging energy sector revenues and stock prices along with it. The commodity has tried to bounce back, but there are a number of headwinds that will […]

July 1, 2016

Oil prices edged lower in volatile trade on Friday amid continued uncertainty about the impact of the Brexit referendum on crude demand. Brent crude LCOU6, -0.60%  , the global oil benchmark, fell 0.6% to $49.41 a barrel on London’s ICE […]

March 28, 2016

Oil futures are set to score their largest monthly gain in almost a year, even though U.S. crude supplies climbed in each of the last six weeks and major oil producers have yet for formalize a plan to stabilize output. […]

October 8, 2015

Source photo Fanfares of trumpets do not announce turning points in securities markets. Since mid-year, financial markets have been volatile. Moves of plus or minus 1% to 2% a day and even larger intraday moves have been common. Equity markets […]

October 5, 2015

Source photo European shares climbed higher on Monday, with a surge in Glencore lifting the mining sector and firmer oil prices giving energy stocks a boost. The pan-European FTSEurofirst 300 index rose 1.7 percent while the euro zone’s blue-chip Euro […]

August 24, 2015

Commodity prices just slumped to their lowest level since the end of the 20th century, according to a widely-used Bloomberg index. The index is made up of 22 major traded commodities and has been sliding recently, but the chaos in […]