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Oil-042512_26Feb15.jpg U.S. crude oil tumbled over five percent to end at a one-month low Thursday, on renewed concerns of oversupplies after crude stockpiles in the U.S. surged much more than anticipated last week even as the dollar strengthened sharply following a slew of economic data. Crude oil trimmed gains after the...

Gold-012315_26Feb15.jpg Gold futures ended at a one-week high for a second straight session Thursday, amid renewed expectations that the Federal Reserve will hike interest rates mid-year and on some mixed economic data from the U.S. The Fed Chairman Janet Yellen speaking to Congress this week indicated the central bank will...

Gold prices rose for a second day Thursday morning, amid renewed expectations that the Federal Reserve will hike interest rates mid-year. Fed Chairman Janet Yellen speaking to Congress this week indicated the central bank will soon remove its pledge to be "patient" on interest rates, and will instead...

Crude oil prices were lower Thursday morning, trimming big gains from the previous session after a Saudi oil official projected increased global demand. Saudi Arabia also aims to boost its refinery capacity in an effort to diversify its economy, the kingdom's oil minister Ali al-Naimi said Wednesday. Still,...

CrudeOil-011615_25Feb15.jpg U.S. crude oil snapped a five-day loss to end sharply higher on Wednesday, as the dollar weakened against a basket of major currencies even as the official weekly oil report showed crude stockpiles to have surged much more than expected last week. Nevertheless, oil found support with gasoline and heating...

gold01_05Apr12_25Feb15.jpg Gold futures snapped a three-day loss to end higher Wednesday, on the back of Federal Reserve Chief Janet Yellen's statement before the Congress on interest rate hikes which analysts see as not too damaging for the precious metal. Gold futures also found support with the dollar trending lower and...

Crude oil futures were little changed below $50 a barrel for a second day Wednesday, ahead of closely watched U.S. oil inventories data. Industry watcher the American Petroleum Institute said U.S. crude oil inventories rose by 8.9 million barrels in the week ended Feb. 20, representing another unexpectedly...

Crudeoil3-111914_24Feb15.jpg U.S. crude oil pared gains to end slightly lower for a fifth straight session on Tuesday, ahead of the official weekly oil inventories report from the U.S. Energy Information Administration. Oil prices rallied earlier in the day after European Union confirmed the receipt of the reform measures proposed...

Gold-121814_24Feb15.jpg Gold futures ended lower for a third straight session on Tuesday, but came off off their lows for the day after Federal Reserve Chief Janet Yellen's testimony before the Congress, which analysts see as less damaging to the precious metal. Federal Reserve Chief Janet Yellen testified before the Senate...

Gold prices barely budged Tuesday morning, holding below $1200 as traders wait to see whether Federal Reserve Chairman Janet Yellen tips her hand regarding U.S. interest rates. Yellen is set to deliver testimony before the GOP-led Senate Banking Committee at 10 am ET this morning. The minutes of...

Crude oil prices steadied Tuesday morning after falling sharply over the previous few sessions. Traders are waiting for Federal Reserve Chair Janet Yellen's testimony before Congress this morning, hoping for clues about the health of the U.S. economy and when the central bank intends to raise interest...

crudeoil-112514_23Feb15.jpg U.S. crude oil plummeted to end sharply lower for a fourth straight session on Monday, as concerns of oversupply firmed, even as data showed a slowdown in the decline of rigs actively drilling for oil. With Libya's major oil shipment port at Zueitina in the east restarting operations and the Sarir...

Goldbars2-111814_23Feb15.jpg Gold futures ended lower for a second straight session on Friday, after fluctuating for much of the day as investors continued to track developments in the Greek financial crisis. Last Friday, the eurozone finance ministers reached a deal with Athens to extend its bailout funding program. The agreement...

Gold prices dipped below $1200 an ounce Monday morning, extending recent losses ahead of Fed Chair Janet Yellen's semi-annual Congressional testimony on monetary policy. Yellen takes to Capitol Hill tomorrow and is expected to offer clues about possible interest rate hikes. The minutes of the most...

Crude oil prices tumbled below $49 a barrel Monday morning on signs that major producers will continue a recent price war. Markets are exceedingly oversupplied, as confirmed by U.S. crude oil inventory figures showing a massive build in stockpiles. With much of the nation slowing down due to subzero...

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