Friday was oil rise, but investors were waiting for the OPEC meeting, so the week ended with small gains in an otherwise volatile session. Brent oil futures rose 0.03% to .55.5.5.5, while WTI futures rose 0.04%. 73.33. Recent gains in black oil pushed to a higher buying area at the beginning of the week, indicating…
Earlier this week, the U.S. announced a rate hike. Gold rose in Asia on Friday morning as investors digested mixed signals from Federal Reserve officials. Gold futures rose 0.06% to 77,777.70 at 12:27. The dollar, which normally moves in the opposite direction to gold, fell on Friday but was lower than the two-month high of…
Gold fell in Asia on Thursday morning, with investors waiting for U.S. economic data to further measure inflationary pressures. A reinforcing dollar puts a cloth on the appeal of the yellow metal. Gold futures were down 0.45% at $ 1,775.35. The dollar, which normally moves against gold, rose to an 11-week high on Thursday. After…
Oil rose in Asia on Thursday morning, followed by the U.S. Fuel demand is bright as crude and fuel supplies are declining. Brent oil futures were up 0.05% at $ 75.23 and WTI futures were at $ 73.08. U.S. Department of Energy Information Management. Crude oil supply data, stocks fell in the fifth week, the…
Oil rose in Asia on Wednesday morning, with strong economic recovery from key consumers boosting fuel demand and filtering inflated cargo. Investors are now waiting for a meeting of petroleum exporting countries and allies (OPEC +) for clues on manufacturers’ policy. Brent oil futures rise 0.59%. 75.25 and WTI futures were up 0.47% at $…
Copper continued to decline on Monday, reaching its lowest level since mid-April, as commodity price rallies and the U.S. After China restricts signals from the Federal Reserve, it will tighten monetary policy sooner than expected. On the London Metal Exchange (LME), benchmark copper fell 0.4% to $ 9,108.50 a tonne, hitting $ 9,011 at 1051…
Crude oil stocks fell for the fourth week in a row Crude fell on Tuesday as investors paid for the latest rally, but market sentiment remained firm in hopes of a quick recovery in oil demand in the US and European markets and a return on Iranian crude. Brent crude futures for August were down…
Gold rose in Asia on Monday morning, hitting the US. Increased treasury yields by retreating. Gold futures rose 0.33% to $ 1,774.85. U.S. Yellow metal fell 6% in the previous week to its worst week since March 2021, after the Federal Reserve made a surprisingly bad position when it issued its latest policy decision. The…
Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
Gold rose in Asia on Friday morning. However, U.S. investors continue to digest the Federal Reserve’s surprisingly bad policy decision, the yellow metal is set to close at its lowest level since March 2020. Gold futures rose 0.60% to $ 1,785.45. The dollar fell on Friday after hitting a two-month high but went into its…
