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Oil prices fell for a second day running on Tuesday to slip below $68 a barrel as concerns about supply disruptions eased and the International Monetary Fund issued yet another warning about the damage from a trade war. Investors are also digesting comments from the U.S. Treasury Secretary that some...

Gold prices were lower Friday morning, extending yearly lows as traders weigh U.S. import prices data. ??U.S. import prices minus fuel dropped 0.3% in June, the government reported this morning. The dollar is holding modest gains against most rivals. Gold prices have slumped this week due to...

Crude oil prices were slightly higher Friday morning, trimming this week's significant losses. Prices plunged mid-week, losing about 6% due to increased OPEC production and a strong U.S. dollar. Libya is ramping up shipments from four key ports, and Saudi Arabia is turning on its spigots faster...

Crude oil futures failed to rally Thursday after the International Energy Agency's (IEA) warning that the world's oil supply cushion "might be stretched to the limit" due to production losses. "Rising production from Middle East Gulf countries and Russia, welcome though it is, comes at the expense...

Gold futures inched higher Thursday as traders weighed another round of U.S. inflation data. Consumer prices in the U.S. edged slightly higher in the month of June, the Labor Department revealed a closely watched report released on Thursday. The Labor Department said its consumer price index inched...

Crude oil futures steadied Thursday morning after a plunging in the previous session. Analysts say renewed production from Libya and a strong U.S. dollar caused oil prices to crater. Yesterday, August West Texas Intermediate crude oil fell $3.73, or 5%, to $70.38 a barrel on the New York Mercantile...

Gold futures were flat Thursday morning ahead of data that is exptected to confirm U.S. consumer prices are on the rise. Yesterday, the Labor Department said its producer price index for final demand rose by 0.3 percent in June after climbing by 0.5 percent in May. Economists had expected prices to...

Crude oil futures plunged Wednesday as the dollar dramatically strengthend versus major counterparts. That's after data showed a large increase in the rate of wholesale inflation. August West Texas Intermediate crude oil fell $3.73, or 5%, to $70.38 a barrel on the New York Mercantile Exchange....

Gold prices fell Wednesday amid further signs that inflation is heating up. Producer prices in the U.S. increased by slightly more than expected in the month of June, according to a report released by the Labor Department on Wednesday, with the annual rate of price growth accelerating to its highest...

Gold futures were lower Wednesday morning amid an escalating trade war between the world's two largest economies. China's Ministry of Commerce said in a statement that the new US tariffs are "totally unacceptable." Beijing vowed to take countermeasures after the U.S. proposed tariffs on an extra...

Crude oil futures were lower Wednesday morning after the API's weekly report showed U.S. crude oil stocks fell 6.8 million barrels. Also yesterday, the EIA's report shows a higher oil demand in the U.S. in 2019. The agenecy says demand will help oil prices to average $67 in the second half of the...

Crude oil prices were flat Monday morning after strong gains in the previous session. Oil rallied Friday despite Baker Hughes saying the number of active U.S. rigs drilling for oil rose by 5 to 863 last week. WTI light sweet oil is down 10 cents at $73.73 Employment in the U.S. increased by...

Gold prices rose Monday morning, further trimming recent losses. Gold began to recover last week, posting a modest gain following June's drubbing. Sept. gold was up $10 an $1266 an ounce this morning. June reports on manufacturing from Markit and ISM are due after the opening bell on Wall Street. German...

Crude oil prices rose Friday after Baker Hughes said the U.S. oil rig count unexpectedly climbed this week. Baker Hughes said the number of active U.S. rigs drilling for oil rose by 5 to 863 this week. WTI light sweet oil was up 83 cents to $73.77 an ounce. Bargain hunters swooped in after oil...

Gold prices edged lower Friday but posted a modest weekly gain after heavy losses in June. August gold lost $3, or 0.2%, to settle at $1,255.80/oz, for a weekly gain of about 0.1%. There was little reaction to relatively upbeat jobs data. Employment in the U.S. increased by more than expected in...

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