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Crude oil futures fell Thursday despite a prediction from OPEC's top man that oil demand will surge in the coming years. Oil will top 100 million barrels a day in 2020, OPEC Secretary-General Mohammad Barkindo said. He also said the global oil glut is quickly dwindling. "A balanced oil market is...

Gold futures were higher Thursday amid mixed U.S. economic data and political turmoil in Spain. Catalonia, which now enjoys autonomous status, may have its priveleges revoked by Madrid if it keeps moving toward independece. This would likely trigger a formal declaration of independence. Dec. gold...

Crude oil futures slipped Thursday morning despite a proclamation from OPEC's top official that oil demand will surge in the coming years. Oil will top 100 million barrels a day in 2020, OPEC Secretary-General Mohammad Barkindo said. He also said the global oil glut is quickly dwindling. "A...

Gold futures rose Thursday morning amid turmoil in Europe, where Spanish authorities are tryng to strip independence-minded Catalonia of its autonomy. Gold was up $5 at $1288 an ounce, boosted by its safe haven appeal. Traders are looking ahead to jobs data and remarks from officials for clues...

Crude oil prices inched higher Wednesday, bouncing back above $52 a barrel amid a drop in U.S. crude inventories. Nov. WTI oil climbed 16 cents, or 0.3%, to settle at $52.04/bbl. Crude inventories fell 5.7 million barrels in the week to Oct. 13, the EIA data showed, a slightly larger decline than...

Gold futures fell Wednesday, extending recent losses amid diminished safe haven appeal. Rising stocks and encouraging economic news have boosted risk appetite, driving gold to its lowest in more than a week. Dec. gold fell $3.20, or 0.3%, to settle at $1,283/oz. Traders await the Federal Reserve's...

Crude oil futures were lower Tuesday following a report saying OPEC compliance with its supply quota plan was only 86% last month. Fatih Birol, the executive director of the International Energy Agency (IEA), tells Reuters: "Their compliance is about 86 percent, higher than in the past... whether...

Gold futures tumbled Tuesday as the dollar logged its fourth consecutive day of gains. With the Dow Jones Industrial Average briefly cracking 23,000 for the first time, increased risk appetite also hurt safe haven gold. December gold was down $16.70 an ounce to $1,286.30 an ounce. Traders weighed...

Gold futures fell Tuesday, as rising stocks and a stable U.S. dollar dented the precious metal's safe haven appeal. Gold was down $11 at $1291 an ounce in early dealing. In economic news, UK inflation increased in September to the highest since early 2012, data from the Office for National Statistics...

Crude oil futures continued to rise Tuesday morning, ahead of U.S. inventories data over the next few sessions. The American Petroleum Institute is out with its industry survey this afternoon, while the Energy Information Administration reports the government's figures Wednesday morning. WTI light...

Crude oil futures continued to rise Monday amid turbulence in the Middle East and hopes for further demand from China. Nov. WTI oil settled at $51.87/bbl, up 42 cents, or 0.8%, the highest since September 27. The Iraqi government began a military assault on the independence efforts of the nation's...

Gold prices were flat Monday, barely holding the $1300/oz mark after some upbeat economic data strengthened the U.S. dollar. Dec. gold was down $3 at $1301/oz, trimming last week's strong gains. Manufacturing firms in New York reported that business activity continued to expand strongly in the...

Crude oil futures rallied Monday morning after Iraqi and Kurdish forces clash near Kirkuk's oil fields in wake of an independence vote. Meanwhile, an oil rig exploded near New Orleans, with multiple injuries reported. WTI crude oil was up 85 cents to $52.31 a barrel, having generally held the $50...

Gold futures continued to rise Monday morning as the outlook on U.S. interest rates remains murky. Tame inflation could prvent the Fed from raising rates in December as planned. Consumer prices stripping out gasoline rose only slightly last month, data showed Friday. "We will be paying close attention...

Crude oil futures rallied Friday amid hopes for strong demand from the U.S. and China. Nov. WTI oil climbed 85 cents, or 1.7%, to settle at $51.45/bbl on Nymex, having picked up 4% this week. U.S. consumer sentiment and retail sales were up last month, data showed this morning. Chinese crude imports...

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