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Gold, oil up by 1% as US Fed interest rate decision draws near
Gulf Business· 10 hours agoWhile oil prices rose over 1% on Monday in muted trade, gold hit a record high of $2,449.89 last...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 6 days ago“EIA gasoline saved the day today just in time for the all-important Memorial Day Weekend start to summer driving season,” Yawger says. WTI settles down...
Oil Prices Steady as Investors Await Inflation Data, OPEC+ Meeting
US News & World Report· 15 hours agoThe Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. U.S. West Texas Intermediate (WTI) crude futures for July were at $78.68, up 96 cents, or 1.2% ...
Oil posts weekly loss as interest rate policy spurs fuel demand worries
Reuters· 4 days agoThe Brent crude July contract rose 76 cents to $82.12 a barrel. U.S. West Texas Intermediate (WTI)...
Morning briefing: Euro is headed towards 1.0900
The Forex Market· 12 hours agoThe dollar Index needs to bounce back from current levels to test 105+ on the upside, else it can fall towards 104, while Euro is headed towards 1.09.
Oil edges higher after inflation gloom hit prices
StreetInsider· 4 days agoThe Brent crude July contract was up 41 cents to $81.77 a barrel by 1351 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 57 cents at $77.44. On Thursday, Brent ...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 4 days agoOPEC+ is expected to roll over output cuts after 2Q. “The market is pretty weak and everyone knows that bringing back barrels right now does more harm...
Oil Inventories in surprise 2.5M barrel jump last week: API
Investing.com via Yahoo Finance· 7 days agoInvesting.com -- U.S. crude stockpiles unexpectedly increased last week, the API reported Tuesday, denting hopes of increased demand as the summer driving season looms. Crude Oil WTI ...
European stocks hit by weak global sentiment; UK retail sales slump
Investing.com via Yahoo Finance· 5 days agoEuropean stock markets fell Friday, continuing the negative global sentiment on concerns that elevated interest rates will hit economic activity. European equities have traded lower at the end ...
Oil Edges Higher in Possible Position Adjustment
The Wall Street Journal· 2 days agoOil edged higher. Speculators have increased their net WTI crude oil positions but selling may be looming on weakening trend signals, commodity strategists at TD Securities said.