logo

Commodities

Share SHARE

Crude oil futures were higher Thursday after OPEC agreed to scale back production. Certain smaller OPEC nations like Nigeria and Libya will be allowed to pump at the current pace, but Saudi Arabia and others will limit output. November West Texas Intermediate crude rose 78 cents, or 1.7%, to settle...

Gold futures were flat Thursday, breaking a modest losing streak after better-than-forecast US economic data. Dec. gold settled at $1,326/oz, up $2.30, or 0.2%, having bounced around this level for the past few weeks. The Commerce Department said U.S. gross domestic product increased by more than...

Gold futures fell for a third day Monday morning, after upbeat U.S. economic data. Dec. gold was down $4 at $1320 an ounce, having edged lower since last week's Federal Reserve decision to hald steady on interest rates. The Commerce Department said U.S. gross domestic product increased by more...

Crude oil futures leveled off Thursday after big gains in the previous session, as OPEC surprisingly agreed in principle on output cuts. Details are yet to be announced, but such a deal would go some ways toward alleviating the global supply glut that has weighed on oil prices. Algerian Energy...

Crude oil futures surged to their highest in almost three weeks Wednesday amid speculation that OPEC will soon agree to curb production. Details are not expected until the official OPEC meeting on November 30. Russia has already said they will go along with the plan. Nov. WTI oil settled at $47.05/bbl...

Gold futures inched lower in quiet dealing Wednesday, as stocks were flat and Federal Reserve speeches offered little guidance on interest rates. Dec. gold lost $6.70, or 0.5%, to settle at $1,323.70/oz, a second straight modest decline. Fed Chair Janet Yellen confined her remarks before Congress...

Crude oil futures were higher Wednesday morning, rising back above $45 a barrel as OPEC gathered in Algiers to discuss curbing production. Russia has already said they will agree to limit output if the cartel does likewise. Still, traders remain sleptical that Iran and some other key producers...

Gold futures were little changed wednesday morning ahead of speeches from some top Federal Reserve officials. December gold was down 80 cents at $1330 an ounce, having seen little movememnt over the past few weeks. Orders for durable or long-lasting goods were flat out in August after a big increase...

Crude oil futures fell sharply Tuesday, once again tumbling below $45 as OPEC dithered on a possible output cut. OPEC plans to discuss Wednesday a proposal that would cut almost 1 million barrels a day of global production over one year, the Wall Street Journal reports. However, Iran and Saudi...

Gold futures fell Tuesday as the precious metal lost some of its safe haven appeal following last night's presidential debate. Most polls show establishment candidate Hillary Clinton beating Donald Trump in the first of three debates scheduled ahead of the November election. Dec. gold was down...

Crude oil futures tumbled Tuesday after Saudi Arabia and Iran downplayed expectations of a deal with Russia to curb oil supplies. Major oil powers are meeting this week in Algiers to discuss the global supply glut that will likely last well into next year. WTI crude oil was down $1.23 at $44.70...

Gold futures were lower Tuesday morning after Democratic presidential candidate Hillary Clinton was seen as beating Donald Trump in their first presidential debate. Gold lost some of its safe haven appeal as Clinton turned in a decent performance amid questions about her health. Gold for December...

Crude oil futures surged Monday amid speculation Russia will join OPEC nations in curbing production if the cartel can reach an agreement in Algiers this week. Meanwhile, turmoil in Nigeria threatens output from the African nation, although Shell has yet to confirm attacks on its facilities there. Nov....

Gold futures were little changed Monday ahead of tonight's presidential debate between Donald Trump and Hillary Clinton. Dec. gold gained $2.40, or 0.2%, to settle at $1,344.10/oz. Gold's safe haven status could be elevated if Trump makes a good showing against Clinton, Wall Street's favored candidate. After...

Gold futures were little changed from the previous session Monday morning, fighting back from overnight losses. Gold rallied last week as the Federal Reserve kept interest rates on hold. The precious metal is expected to retain its safe haven appeal as the November US presidential election hangs...

Follow RTT