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Crude oil prices continued to rise despite further signs of robust U.S. oil production. U.S. energy companies added one oil rig this week, bringing the total count up to 799, the highest level since April 2015, Baker Hughes said. It was the fifth straight weekly rise in the rig count. Nymex April...

Gold futures were slightly lower Friday as the Federal Reserve issued its monetary policy report to Congress. The Fed hinted that it plans three rate hikes in 2018, in line with its previous projections. "The federal funds rate is likely to remain, for some time, below levels that are expected...

Crude oil futures were slightly lower Friday morning ahead of the weekly U.S. rig count report from Baker Hughes. BH is expected to report that U.S. drillers continued to add rigs last week in hopes of capitalizing on +$60 oil. WTI light sweet crude oil was down 22 cents at $62.55 a barrel, having...

Gold futures were flat Friday morning ahead of a slew of Federal Reserve speakers. They are expected to shed light on whether the Fed will raise interest rates three times in 2018. Gold was down 70 cents at $1332 an ounce, having dropped sharply mid-week due to a stronger U.S. dollar before stabilizing. Boston...

Crude oil futures rallied Thursday after the government reported a drop in U.S. oil stockpiles in contrast to yesterday's industry data. WTI light sweet oil was up 93 cents at $62.61 a barrel, supported by upbeat U.S. economic data and renewed European Central Bank dovish talk. Pointing to robust...

Gold prices were flat Thursday amid pbeat economic data. Pointing to robust economic growth in the first half of 2018, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of January. The Conference...

Crude oil futures were lower Thursday morning as the dollar continued to strengthen on the euro. The minutes from their latest European Central Bank meeting showed the policy makers thought it was "premature" to change forward guidance at its January meeting due to soft inflation. Meanwhile, the...

Gold prices were lower Thursday morning amid renewed expecations the European Central Bank will keep easy monetary policy around for the time being. The minutes from their latest ECB meeting showed the policy makers thought it was "premature" to change forward guidance at its January meeting due to...

Crude oil futures inched lower Wednesday as traders locked in profits from oil's recent rally. The American Petroleum Institute will release its weekly oil and petro stockpiles report this afternoon at 4:30 pm ET, a day behind schedule due to the President Day break. The EIA releases the government's...

Gold prices barely budged Wednesday ahead of the Federal Reserve's minutes from their most recent policy meeting. April gold rose 90 cents to end at $1,332.10 an ounce. The Federal Reserve releases minutes of its Jan. 30-31 meeting at 2 pmET, as investors look for further insight on inflation...

Crude oil futures continued to inch higher Wednesday morning ahead of U.S. inventories data. The American Petroleum Institute will release its weekly oil and petro stokpiles report this afternoon, a day behing schedule due to the President Day break. The EIA releases the government's version tomorrow...

Gold futures were flat Wednesday morning after the biggest one-day drop since December 2016. Gold has come under pressure due to a stronger U.S. dollar that has rallied against major rivals this week. The buck has rebounded amid speculation the Federal Reserve will raise interest rates in March...

Crude oil prices rose Tuesday amid reports that Saudi Arabia wants $70 oil. It was previously thought that +$60 oil would compel the Saudis to pump more oil in an effort to keep prices low. They do not want to tempt the U.S. oil drillers to increase output, but $70 oil could work for everyone, according...

Gold prices plunged Tuesday, posting the biggest daily loss in more than a year due pent up selling after the President's Day break. Gold dropped $25 to $1331 as many Asian traders were away from their desks for Lunar Day. US stocks are sharply lower in afternoon trading, but gold has not enjoyed...

Crude oil futures were higher Tuesday morning amid word that Canadian production is slipping. However, the advance in crude oil prices was limited by expectations that U.S. production will remain robust. Last week, the number of U.S. oil rigs drilling for new production rose for a fourth straight...

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