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Crude oil futures eased from 2017 highs on Friday, holding losses after data showed U.S. oil rig count jumped for the 15th week in 16. Nymex April oil futures ended 46 cents lower at $53.99 a barrel The US oil-rig count increased by five to a total of 602 this week, according to Baker Hughes. ...

Gold futures rose Friday, adding to strong weekly gains as the dollar relented versus major rivals. Diminishing expectations of a Federal Reserve rate hike have helped gold rise to its highest since November. Gold settled up $6.90, or 0.6%, at $1,258.30 an ounce for a 1.6% weekly gain. In economic...

Crude oil prices turned lower Friday, easing from yearly highs due to a stubborn U.S. supply glut. Although OPEC's output reduction has given oil a lift this month, rising U.S. production has kept prices below $55 barrel. Yesterday, the EIA said U.S. oil inventories rose 600,000 barrels for the...

Gold futures continued to rise Friday morning, extending 3-month highs as the dollar weakened versus major rivals. Gold has risen sharply since Wednesday's release of the minutes of the most recent Federal Reserve meeting. Although the Fed said it was ready to raise interest rates fairly soon,...

Oil futures rose Thursday after the U.S. Energy Information Agency reported a 600,000-barrel build in domestic crude oil inventories. The build was smaller than expected by analysts. The EIA data follows yesterday's figures from the American Petroleum Institute showing inventories dropped by 884,000...

Gold futures jumped to the highest in three months, following comments from the Federal Reserve that traders considered dovish on interest rates. The minutes of the most recent Fed meeting showed policy makers expect to raise rates fairly soon, but possibly not until May or June instead of March. Gold...

Crude oil futures fell from yearly highs Wednesday ahead of U.S. inventories data. Traders expect U.S. stockpiles continued to soar last week, adding to the gargantuan surplus recorded earlier in February. The American Petroleum Institute (API) is out with numbers this afternoon, and the U.S. Energy...

Gold futures inched lower Wednesday, as stocks were poised to extend recent gains. With the DJIA on track for its longest winning streak in thirty years, gold has lost some of its safe haven appeal this week. Gold settled down $5.60, or 0.5%, at $1,233.30 an ounce, easing further from its 3-month...

Crude oil futures edged lower Wednesday morning ahead of U.S. inventories data that may show storage facilities are brimming. The American Petroleum Institute releases industry figures today, while the EIA is out with official numbers tomorrow morning. U.S inventories have soared to record highs...

Gold futures were flat Wednesday morning as traders braced for the minutes of the most recent Federal Reserve meeting. The minutes may give clues about whether the Fed intends to hike interest rates in March or wait until later in the year. A number of Fed officials have hinted they still expect...

Crude oil prices rose Tuesday as a top OPEC minister discussed the cartel's supply quota agreement. "We are going to go for much higher levels of compliance because of the very high level of stocks that we have brought over with us from 2016," Mohammad Barkindo, secretary-general of the Organization...

Gold futures were flat Tuesday as rising stocks dented the precious metal's safe haven appeal. Also, Philly Federal Reserve president Patrick Harker suggested he would support an interest rate increase at the upcoming March meeting. Gold for April ended down 20 cents, or less than 0.1%, at $1,238.90...

Crude oil futures were higher Tuesday morning despite concerns about the global supply glut. OPEC is cutting output, but soaring U.S. production and concerns about demand are keeping oil prices in a stubborn trading range. WTI light sweet crude was up $1 at $54.74 a barrel, having held below $55...

Gold futures were lower Tuesday morning ahead of closely watched comments from the Federal Reserve. Traders are looking for clues about when the Fed intends to raise interest rates. Gold for April was down 7 dollars at $1231 an ounce, slipping from the highest since November. Minneapolis Federal...

Crude oil futures fell Friday, staying smack dab in the middle of a stubborn trading range amid further signs that U.S. production is spiking. Data from Baker Hughes Friday revealed that the number of active U.S. rigs drilling for oil rose by 6 to 597 rigs this week, for the fifth weekly increase...

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