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Crude oil futures wobbled Wednesday, bouncing back from early losses when the government reported a surprisingly large build in U.S. oil inventories. June WTI oil was up 6 cents, or 0.1%, to settle at $49.62/bbl, staying near its lowest levels of the month. A day after industry group the American...

Gold futures finished slightly lower Wednesday, rebounding from steeper losses earlier in the session. Traders were on the sidelines as the Trump administration laid out the new president's tax reforms. The proposals include significant reductions in both individual and corporate income tax rates,...

Crude oil futures remained below $50 a barrel Wednesday morning, after industry data showed another build in U.S. inventories. Crude inventories rose 897K barrels last week, according to the American Petroleum Institute, with gasoline stocks up a whopping 4.45M barrels. The Energy Information Administration's...

Gold futures were flat Wednesday morning, as the Trump administration planned to announced its tax reform plan today in Washington. Reports say Trump will announce the corporate tax rate will be slashed from 35% to 15%. While markets may react positively to some tax relief for U.S. businesses and...

Crude oil futures nudged higher Tuesday, ahead of crucial U.S. inventories data over the next two days. June WTI oil gained 33 cents, or 0.7%, to settle at $49.56/bbl, having touched a monthly low earlier in the session. Prices rose as surging U.S. stocks signaled increased demand for energy products. The...

Crude oil prices steadied Tuesday morning as rising U.S. equities lifted demand hopes. Oil prices have slumped over the past few sessions, slipping to a monthly low due to signs of robust U.S. production in the coming months. Shale output is expect to partially offset supply quotas from OPEC and...

Gold prices continued to fall Tuesday morning amid increased risk appetite and decreased physical demand. June gold was down $5 at $1272 an ounce, as U.S. stocks futures pointed to further gains for equities today. However, markets will be sensitive to a slew of upcoming earnings news. Caterpillar,...

Gold futures fell Monday as polls showed centrist candidate Emmanuel Macron easily beating anti-EU stalwart Marine Le Pen in the May 7 French presidential election. Macron emerged as the top vote-getter in yesterday's first round of the French electoral process. A victory for Macron next month would...

Crude oil prices steadied Monday morning, trimming recent losses as the dollar weakened in the aftermath of France's presidential vote. The euro jumped to a 5-month peak after a centrist candidate emerged to face anti-Muslim nationalist and euro skeptic Marine Le Pen in the upcoming run-off election. Emmanuel...

Gold futures fell Monday morning on diminished appetite for safe havens in the wake of France's vote this weekend. A centrist candidate emerged to face nationalist Marine Le Pen in the upcoming run-off. Emmanuel Macron is expected to defeat anti-EU Le Pen, easing fears that France may leave the union. Gold...

Crude oil futures plunged Friday amid growing evidence that surging U.S. production has prevented OPEC's supply quota plan from eating away at the global supply glut. Later today, markets expect industry data from Baker Hughes to show the U.S. rig count rose for the umpteenth week in a row. Analysts...

Gold futures rose Friday as nationalist Marine Le Pen remained a favorite to emerge from this weekend's round of the presidential elections in France. Le Pen represents a significant portion of the anti-EU, anti-Muslim vote. Meanwhile, U.S. President Donald Trump said he will release the details...

Crude oil futures were slightly lower Friday, having dropped every day this week amid signs that U.S. production continues to skyrocket. Baker Hughes releases its oil rig count data this afternoon. Domestic drillers have added rigs almost every week this year, hoping to take advantage of stable oil...

Gold futures were steady Friday morning as focus shifted to an election in France that may decide the future of the European Union. In a vote seen as a quasi-referendum on open Europe, nationalist Marine Le Pen is expected to emerge as a finalist for the French presidency. Gold was up $2 at $1285...

Crude oil futures fell for a fourth straight session Thursday, but held above the psychologically important $50 mark. June WTI oil settled at $50.71/bbl, down 14 cents, or 0.3% May WTI oil fell 17 cents, or 0.3%, to settle at $50.27/bbl on its expiration day. Soaring U.S. production continued...

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