(Bloomberg) — What was meant to be a summer party for coal is quickly turning into something more of a hangover. Even with China’s peak demand season in full swing as hot weather boosts air-conditioning use, benchmark spot prices are on course for their first monthly loss in three, and futures on the Zhengzhou Commodity […]
TOKYO (Reuters) – Oil prices rose on Monday with U.S. benchmark WTI moving higher after four weeks of declines, but gains were limited as the fallout from trade tensions weighed on markets. Brent crude futures rose 13 cents, or 0.2 percent, to $74.42 by 0638 GMT, after trading lower most of the Asian session. Brent […]
Gold prices edged lower while the dollar was little changed on Monday as market participants awaited key central bank meetings due later this week. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell by $3.50, or 0.3%, to $1,219.60 a troy ounce by 1:40AM ET (05:40 GMT). The dollar remained […]
Gold prices eased on Thursday as immediate global trade tension eased U.S. President Donald Trump and European Commission President Jean-Claude Juncker agreed to work towards eliminating trade barriers. Gold Futures for August delivery on the Comex division of the New York Mercantile Exchangeis was down 0.2% to a trading price of $1,229.90 each troy ounce at 1:30AM ET (05:30 GMT). U.S. President […]
LONDON (Reuters) – Brent crude prices rose on Thursday after Saudi Arabia suspended its oil shipments through a key Red Sea strait in response to an attack on two of its tankers and as data showed U.S. inventories fell to a 3-1/2 year low. Brent crude futures had risen 55 cents to $74.48 a barrel by 0832 […]
Crude prices inched higher in early action on Wednesday, as investors looked ahead to fresh weekly data on U.S. commercial crude inventories to gauge the strength of demand in the world’s largest oil consumer and how fast output levels will continue to rise. The U.S. Energy Information Administration will release its official weekly oil supplies […]
Gold prices fell to one week lows on Tuesday as rising U.S. Treasury yields dampened investor demand for the precious metal. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.60 or 0.58% to $1,310.60 a troy ounce by 03:59 AM ET (07:59 AM GMT), the lowest […]
Crude prices edged higher in early action on Wednesday, bouncing back from the prior session’s losses as investors looked ahead to fresh weekly data on U.S. commercial crude inventories to gauge the strength of demand in the world’s largest oil consumer and how fast output levels will continue to rise. The U.S. Energy Information Administration […]
Gold prices rebounded from two-month lows on Wednesday as the dollar pulled away from multi-month highs amid profit taking ahead of the conclusion of the Federal Reserve policy meeting later in the day. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were up $4.10 or 0.31% to $1,310.90 […]
Gold prices fell on Wednesday, nearing their recent two-week lows as a stronger dollar and rising Treasury yields weighed on demand for the precious metal. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.30 or 0.54% to $1,325.90 a troy ounce by 04:41 AM ET (08:41 […]
