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Crude oil prices inched higher Friday, preserving weekly gains as OPEC met in Vienna to discuss output cuts. Oil's rally stalled amid uncertainty over the outcome of the meeting. Russian Energy Minister Alexander Novak said Russia and OPEC can wait until at least January before announcing further...

Gold futures were flat Friday, steady after big losses earlier in the week. Dec. gold was up 0.2 percent to $1294.80/oz. today, having touched a monthly low on Thursdsay. Data showing weakness in the manufacturing sector conflicted with the Federal Reserve's rosy assessment of the economy on Wednesday. At...

Gold futures inched higher Friday morning, trimming steep losses from earlier in the week as traders continued to assess the Federal Reserve's interest rate announcement. On Wednesday, Yesterday, the Federal Reserve maintained their so-called 'dot plot' of rate projections for this year and next,...

Crude oil futures were slightly lower Friday morning but held the $50 a barrel mark for the third day running. Traders await the U.S. oil rig count for indications whether domestic production is slowing after a robust first half of 2017. WTI light sweet oil was down 17 cents at $50.40 a barrel. OPEC...

Crude oil futures inched lower Thursday, trimming recent gains after the Federal Reserve suggested a rate hike is imminent. Yesterday, the Fed kept its key interest rate unchanged but maintained their so-called 'dot plot' of rate projections for this year and next, strongly hinting at a December rate...

Gold futures tumbled Thursday as upbeat jobs data reinforced expectations the Federal Reserve will raise interest rates before year's end. Dec. gold dropped $21.60, or 1.6%, to settle at $1,294.80/oz, the lowest since August. It was the worst single-session decline since July. The Labor Department...

Crude oil futures failed to sustain yesterday's rally but held above $50 a barrel Thursday morning. A stronger dollar in the wake of the Federal Reserve's relatively hawkish policy statement has dented commodity prices. Yesterday, the Fed kept its key interest rate unchanged but maintained their...

Gold futures tumbled Thursday as the Federal Reserve hinted it will raise interest rates one more time in 2017. Yesterday, the Fed kept its key interest rate unchanged but maintained their so-called 'dot plot' of rate projections for this year and next, strongly hinting at a December rate hike. Also,...

Crude oil prices continued to rise Wednesday despite a significant build in U.S. oil inventories. With OPEC signaling its determination to curb supplies, oil prices have risen sharply over the past week. Nov. WTI added 79 cents, or 1.6%, to settle at $50.69/bbl. Oct. WTI was up 93 cents, or 1.9%,...

Gold futures inched higher Wednesday morning amid speculation the Federal Reserve will signal concerns over stubbornly low inflation. The Fed makes its latest interest rate announcement today at 2 pm ET. Markets do not expect the Fed will hike rates, but instead hint they will keep rates low until...

Crude oil futures rose Wednesday morning amid hopes that OPEC will extend its supply quota plan in an effort to end the global supply glut. Quotes from a key oil conference in the Middle East indicate that Saudi Arabia, Iraq and others are prepared to cut production by another 1 or 2% this year. Meanwhile,...

Crude oil futures fell Tuesday, bouncing back and forth near $50 a barrel before finally turning lower at session's end. A stronger dollar weighed on commodity prices today. Crude oil initially rallied on comments from an Iraq oil minister saying that OPEC members are committed to cutting supplies...

Gold futures were little changed Tuesday after falling in five of the previous six sessions. Traders moved to the sidelines ahead of tomorrow's interest rate decision from the Federal Reserve. While no rate change is expected, the Fed will likely begin to unwind its bloated asset sheet. Dec. gold...

Gold futures were flat Tuesday morning as the Federal Reserve gathered in Washington for a two-day policy meeting. Few observers expect the Fed to raise interest rates, but traders are hoping for some clarity about when further tightening will take place. A number of Fed officials have made comments...

Crude oil futures jumped back above $50 a barrel Tuesday morning amid increased appetite for riskier assets. Stocks have surged to record highs due to easing geopolitical concerns. WTI light sweet crude oil was up 34 cents at $50.25 a barrel, near is highest in six weeks. Talk of further OPEC...

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