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Crude oil prices rose Friday amid concerns of supply disruptions from Nigeria, as workers are threatening to strike at a crucial production facility. Increased demand from China a dwindling U.S. stockpiles also put a floor under oil prices after a swoon earlier in the week. WTI light sweet crude...

Gold prices dropped to their lowest in almost five months Friday, extending recent losses amid speculation the Federal Reserve will raise interest rates early in 2018. A rate hike next week is practically a shoo-in, as the U.S. created 228,000 jobs in November, and the unemployment rate was steady...

Gold futures continued to fall Thursday as an upbeat jobs repeat assured a rate hike from the Federal Reserve next week. Employment in the U.S. increased by more than anticipated in the month of November, according to a report released by the Labor Department on Friday. The report said non-farm...

Crude oil futures rebounded for a second session Friday morning ahead of U.S. rig count figures. After some initial doubts, markets are more convinced that OPEC will comply will its supply quota deal with Russia that was just extended through 2018. WTI light sweet crude oil was up $1 at $57.72...

Crude oil futures rebounded Thursday, as traders bet this week's decline was overdone. WTI light sweet crude oil was up 76 cents at $56.72 a barrel, having slipped from near $60 over the past few weeks. Traders await tomorrow's U.S. rig count report from Baker Hughes for signs that domestic production...

Gold futures tumbled to their lowest in four months Thursday amid yet another upbeat economic report. The jobs market appears in excellent condition if recent data is to be believed. Rising stocks also diminished gold's safe haven appeal. Feb. gold dropped $13, or 1%, to settle at $1,253.10/oz...

Crude oil futures steadied Thursday morning after big losses earlier in the week. Traders were shocked mid-week by the size of U.S. gasoline stockpiles. Crude inventories fell 5.6 million barrels (bbl) in the week to Dec. 1, compared with analysts' expectations for a decrease of 3.4 million bbl....

Gold futures continued to fall Thursday ahead of tomorrow's crucial U.S. jobs report. Gold was down $8 at $1257 an ounce, the lowest since the summertime. In another prelude to Friday's monthly jobs report, initial U.S. jobless claims, fell by 2,000 to 236,000 in the seven days ended Dec 2. Economists...

Crude oil futures plunged Wednesday, extending recent losses after official data confirmed a huge build in U.S. gasoline supplies. Crude inventories fell 5.6 million barrels (bbl) in the week to Dec. 1, compared with analysts' expectations for a decrease of 3.4 million bbl. Inventories were at their...

Gold prices were flat Wednesday, pausing after sigificant recent losses. The precious metal has come under pressure in December, hurt by a stronger dollar and expectations the Federal Reserve will raise interest rates next week. Feb. gold rose $1.20, or less than 0.1%, to settle at $1,266.10/oz...

Gold prices were flat Wednesday morning, staying near yesterday's 4-month lows after a key prelude to the government's U.S. jobs report. Employment in the U.S. private sector increased by slightly more than expected in the month of November, payroll processor ADP revealed in a report released on Wednesday. ADP...

Crude oil prices tumbled Wednesday despite industry data showing a large decline in U.S. oil inventories. The American Petroleum Institute (API) reported a large draw of 5.481 million barrels of United States crude oil inventories for the week ending December 1. However, gasoline inventories surged...

Crude oil futures were flat Tuesday ahead of U.S. inventories data. The American Petroeleum Institute is out with its industry survey this afternoon, followed tomorrow by a report from the Energy Information Administration. Jan. WTI oil added 15 cents, or 0.3%, to settle at $57.62/bbl. Oil has...

Gold futures dropped to their lowest in four months amid universal expectations the Federal Reserve will raise interest rates in December. Recent hawkish comments from Fed official hint at three more rate hikes in 2018 as long as inflation is stable. The Fed meets December 12-13 to announce its...

Gold futures were flat Tuesday morning in quiet dealing as traders weigh U.S. trade balance data. Gold was down $2 at $1275 an ounce, near the lowest in four weeks. Expectations that the Federal Reserve will soon raise interest rates have driven gold prices lower over the past few sessions. The...

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