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Crude oil prices failed to rally Wednesday morning ahead of the Energy Department's US oil inventories report. Yesterday, the American Petroleum Institute, an industry group, reported an 800,000-barrel draw in crude oil inventories. Traders were expecting a larger draw down. WTI light sweet crude...

Gold futures were little changed Wednesday morning ahead of the Federal Reserve's interest rate decision. The Fed is universally expected to keep rates on hold, but traders will be looking for clues about a possible rate hike by year's end. Recent economic data indicates the U.S. economy has withstood...

Crude oil futures were lower Tuesday, extending 3-month lows despite predictions that oil markets will soon re-balance. Sept. WTI oil was down 21 cents, or 0.5 percent, to settle at $42.92/bbl. The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel. Also,...

Gold futures were flat Tuesday amid a flood of U.S. economic data. Traders were hesitant to take positions ahead of tomorrow's Federal Reserve interest rate annoucement. August gold settled at $1,320.80/oz, up $1.30, or 0.1 percent. U.S. new home sales rose at the highest pace in seven years...

Crude oil prices continued to fall Tuesday morning amid lingering concerns that supplies are outpacing demand. Traders ignored a prediction from BP's CEO that oil prices will recover by end end-2016 or early 2017. WTI crude oil slipped another 60 cents to $42.53 a barrel, the lowest in about three...

Gold futures were flat Tuesday morning after drifting lower the previous two sessions. Traders await a flurry of U.S. economic reports and a Federal Reserve interest rate decision over the course of the week. Gold for Sept. was up 40 cents at $1327 an ounce, while silver added 6 cents at $19.70. The...

Crude oil prices tumbled to the lowest in almost three months Monday amid worries that supplies will outpace demand. Economic woes and the prospect of a U.S. interest rate hike continued to weigh on oil prices. Meanwhile, major producers are ramping up in effort to take advantage of plus-$40 oil...

Gold futures fell for a second session Monday, ahead of this week's Federal Reserve meeting. The precious metal failed to rally despite weaker stocks. August gold was down $3.90, or 0.3%, to settle at $1,319.50/oz. On Wednesday, the Fed is overwhelmingly expected to keep the Federal Funds Rate...

Gold futures fell Monday morning as the dollar strengthened ahead of a flood of economic data and the crucial Federal Reserve meeting. A strong U.S. GDP report may compel the Fed to signal one interest rate hike before the end of the year. Markets seem to have gotten over the Brexit crisis, and...

Crude oil prices tumbled further Monday morning amid speculation global supplies will outpace demand for the rest of the year. Output from Nigeria and Canada is rebounding, while US rig counts are on the rise for consecutive weeks. At the same time, Iran is pumping oil at a breakneck pace in order...

August gold lost $7.60, or 0.6%, to settle at $1,323.40 an ounce, for a weekly loss of about 0.3%

Sept. WTI oil settled at $44.19/bbl on Nymex, down 56 cents, or 1.3%

Crude oil futures were stuck below $45 a barrel Friday morning amid speculation that Libya and Nigeria are ramping up production. Canadian oil sands are also getting back to normal after a devastating wildfire in Alberta earlier this year. Traders will be paying attention today when Baker Hughes...

Gold futures slipped Friday morning, trimming yesterday's gains while move back near monthly lows. Stock futures showed U.S. markets were stable after Donald Trump's GOP acceptance speech, limiting gold's safe haven appeal. Gold for August was down $7 at $1323 an ounce, while silver remained below...

Crude oil prices tumbled Thursday as a brief rally fizzled out on expectations the global supply glut will worsen. Nigeria, Canada and Iran are ramping up production after supply interruptions, while U.S. rig counts are seen rising yet again this week. Prices turned lower as traders shrugged off...

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