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Crude oil futures rallied Friday for a small weekly gain, despite further signs that U.S. production will skyrocket. U.S. energy companies this week added the most oil rigs since 2013, as big oil looks to take advantage of plus-$50 oil prices. Baker Hughes reported the number of active U.S. rigs...

Gold futures were slightly higher Friday in muted reaction to President Trump's inaugural address. Trump struck a populist tone but offered no real specifics on policies. The was no mention of the proposed border wall with Mexico, but the new president hammered on the "America First" theme. Feb....

Crude oil futures were higher Friday morning, unable to sustain any direction in recent weeks as markets look for assurance that OPEC is indeed cutting supplies. The cartel says that key members Saudi Arabia, Kuwait and the UAE have already cut production in agreement with Russia. However, U.S....

Gold was little changed for a second day Friday morning, as Donald Trump was set to become the 45th president of the U.S. Trump's inauguration will take place in Washington, DC today, but markets are more concerned about his Day One executive actions, which may include changes to immigration and trade...

Crude oil futures edged higher Thursday after several members of the Organization of Petroleum Exporting Countries said they've already made their pledged reductions. OPEC and Russia have promised to cut supplies in order to re-balance energy markets and keep oil prices above $50 a barrel. If...

Gold futures fell Thursday as the dollar strengthened ahead of Donald Trump's inauguration. Also stung by yesterday's hawkish comments from Fed Chair Janet Yellen, gold settled at $1,201.50/oz, down $10.60, or 0.9 percent. Traders reacted to a slew of economic data and a key interest rate decision...

Gold futures were lower Thursday as the US dollar strengthened and the European Central Bank left interest rates on hold, as expected. Traders also considered yesterday's remarks from Federal Reserve Chair Janet Yellen, who says she expects rates to rise 'a few times a year' until end of 2019. She...

Crude oil futures inched higher Thursday morning, even after the International Energy Agency warned that OPEC's supply cuts may not re-balance oil markets anytime soon. "It is far too soon to see what level of compliance has been achieved," said the IEA, which advises advanced industrial economies...

Crude oil futures plunged Wednesday amid the continued tug of war between OPEC and the U.S. regarding production. OPEC says member nations have complied with planned supply cuts, but analysts say that rising U.S. production will offset quotas elsewhere. Yesterday on Bloomberg, IEA Executive Director...

Gold futures were flat Wednesday, settling with a very modest loss before the 2pm ET release of the Federal Reserve's Beige Book. With the dollar steadying, Feb. gold was down 80 cents, or less than 0.1 percent, to settle at $1,212.10/oz. Gold touched a 2-month high in the previous session. Traders...

Crude oil futures fell Wednesday morning as the dollar recovered versus other majors, denting commodities priced in the greenback. Also, OPEC oil production fell in December but remained exceedingly high ahead of January's coordinated output quotas, according to figures released today. The Organization...

Gold futures were flat Wednesday morning ahead of U.S. inflation data that may influence the Federal Reserve's rate hike outlook. While some Fed members have said inflation remains no concern, others have seen possibility of three rate hikes in 2017 in response to rising consumer prices. The Labor...

Crude oil futures inched higher Tuesday, but well off the best levels of the session amid lingering doubts that OPEC quotas will re-balance the oil market. As for Saudi Arabia, its oil minister says the top producer in the Middle East is optimistic that OPEC nations will comply with an November agreement...

Gold futures continued to rise Tuesday, adding to strong recent gains amid lingering concerns about the transition from Obama to Trump. The rally in U.S. stocks has run out of steam, and President-elect Trump has stated his discomfort with a strong dollar, boosting gold's value. A slew of Federal...

Gold futures rose Tuesday morning, boosted by safe haven demand ahead of Donald Trump's inauguration. Markets are hoping for more clarity regarding Trump's bold campaign promises in the coming days. Gold was up $17 to $1214 an ounce, the highest in more than two months. On the economic front,...

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