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Crude oil futures trimmed steep recent losses with a modest daily gain Friday, as another rise in the U.S. rig count prevented a sustained rally. Baker Hughes said U.S. drillers added 11 oil rigs this week, the biggest increase in three weeks. The rig count has risen 23 weeks in a row, the longest...

Gold futures rose for a third session Friday, inching away from recent 6-week lows amid conflicting signs about U.S. interest rates. August gold rose $7, or 0.6%, to settle at $1,256.40 an ounce, and were flat for the week. Last week, the Fed said it still plans to raise interest rates four times...

Crude oil futures were stable for a second day in a row following a recent collapse that took prices to the lowest in ten months. Traders are testing OPEC's resolve as the cartel has struggled to implement its supply quota plan with Russia. Mohammed al-Shatti, a deputy chairman of the Kuwait...

Gold futures rose Friday morning as stock futures pointed to a weak open on Wall Street. August gold was up $9.20 at $1,258 an ounce, moving further from a 5-week low. The precious metal has found its footing after recent losses. Gold was sold earlier in the week amid comments from Federal Reserve...

Crude oil futures were steady Thursday, rising slightly from 10-month lows in the previous session. A brutal sell-off drove oil into bear market territory over the past few weeks. Analysts have expressed doubts that OPEC and Russia can end the supply glut anytime soon. Should prices stay below...

Gold futures inched higher for a second session Thursday, trimming steep recent losses amid speculation the sell-off in commodities was overdone. August gold settled at $1,249.40/oz, up $3.60, or 0.3%, up from 5-week lows earlier in the week. Markets were stable as crude oil found its footing after...

Crude oil futures were slightly higher Thursday morning, but remained near yesterday's 10-month lows due to a global supply glut. Analysts expect supply to outpace demand this year and next, particularly in light of sustained production from the U.S., where domestic drillers have added rigs for a...

Gold futures rose Thursday morning, improving slightly from 5-week lows seen earlier in the week. August gold was up $6 at $1252 an ounce. The precious metal's safe haven appeal is apparent over the past two sessions, as stocks show signs of fatigue after a run to record highs. The collapse in...

Crude oil futures continued to plunge Wednesday despite government data showing a drop in U.S. oil stockpiles. August WTI oil fell 98 cents, or 2.3%, to settle at $42.53/bbl, sliding through support to hit a 10-month low. Prices plummeted into bear market territory. Crude inventories fell 2.5 million...

Gold futures paused after a recent downtrend Wednesday, holding near 5-week lows in the absence of market-moving economic data. The dollar wobbled a bit today, allowing gold to find its footing. Gold's safe haven value was also boosted by signs that markets will be vulnerable to the collapse in crude...

Crude oil futures inched higher Wednesday morning, trimming significant recent losses after the American Petroleum Institute (API) reported a modest draw of 2.72 million barrels in United States crude oil inventories. The Energy Information Administration is out with its official report this morning. While...

Gold futures were steady Wednesday morning ahead of what is looking like a quiet session on Wall Street. Traders are paying attention to conflicting comments from the Bank of England that has seen the dollar and pound zig zag this week. Today, the dollar weakened versus the pound after BoE official...

Crude oil futures plunged into bear market territory Tuesday amid reports that Nigeria and Libya are ramping up production. The two most vulnerable OPEC nations are exempt from the cartel's supply quota deal with Russia. While some increases in production were expected, the pace of Libya's output...

Gold futures fell to the lowest in more than a month Tuesday as dovish comments from the Bank of England helped strengthen the U.S. dollar. August gold was down $3.20, or 0.3%, to settle at $1,243.50/oz, extending steep recent losses. The time is not right to begin raising interest rates, Bank...

Crude oil futures continued to plunge Tuesday morning and are on the verge of bear market territory, having dropped nearly 20 percent in the past few weeks. The global supply glut is likely to weigh on oil prices throughout the year, as OPEC's production limits are being offset by robust non-OPEC...

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