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Oil prices rebounded on Thursday after oil tankers reportedly came under attack in the Gulf of Oman, raising fears of a wider conflict. Benchmark Brent crude rallied 3.5 percent to $62.05 a barrel, after tumbling 2.7 percent on Wednesday to reach its lowest level since Jan. 28. U.S. West Texas...

Crude oil futures plunged sharply on Wednesday after data from the Energy Information Administration (EIA) showed a jump in U.S. crude stockpiles for a second straight week.

Gold prices moved higher on Wednesday, rising for a second successive session, as worries about an escalation in trade tensions prompted traders to seek the safe haven asset.

Gold prices rebounded from a one-week low on Wednesday as U.S.-China trade tensions flared up and growth worries resurfaced. Spot gold rose 0.7 percent to $1,335.65 an ounce, after hitting its lowest level since June 3 at $1,319.35 in the previous session. U.S. gold futures were up 0.6 percent at...

Oil prices fell more than 2 percent on Wednesday as trade worries and concerns about slowing growth returned to haunt investors. Global benchmark Brent crude for August delivery tumbled 2.5 percent to $60.72 a barrel while U.S. West Texas Intermediate (WTI) crude futures were down as much as 2.8...

Crude oil futures ended little changed on Tuesday after swinging between gains and losses, as traders made cautious moves ahead of weekly inventory data.

Gold prices edged higher on Tuesday, shrugging off a weak spell seen earlier in the session, after stocks pared early gains and turned flat.

oil-production-061119.jpg United States daily oil output is surging in a new pace and even aiming to surpass global giants such as Saudi Arabia and Russia. At a time when the Organization of the Petroleum Exporting Countries or OPEC is facing a slowdown in oil production, U.S. is gearing up to claim for the top position in production....

Gold prices fell slightly on Tuesday and the dollar steadied above a recent two-and-a-half-month low as investors shifted their focus to the G20 meeting in Osaka, Japan, on June 28-29. Spot gold dipped 0.4 percent to $1,322.51 per ounce while U.S. gold futures were down 0.2 percent at $1,326.25 an...

Oil prices inched higher on Tuesday amid expectations that OPEC and its allies will keep production cuts in place for a longer period. Benchmark Brent crude for August delivery rose 0.3 percent to $62.47 per barrel while U.S. West Texas Intermediate (WTI) crude futures were up 0.9 percent at $53.73...

Crude oil futures ended lower on Monday as concerns over near term energy demand outweighed prospects of a likely extension of production cuts by OPEC and allies, and slightly easing trade concerns.

Gold prices drifted lower on Monday, snapping an 8-day winning streak, as traders sought riskier assets, amid easing trade tensions after the U.S. decided to drop its plan to impose tariffs on Mexican goods.

Gold prices fell sharply on Monday amid improvement in risk appetite after the Trump administration "indefinitely suspended" tariffs on all Mexican goods and data showed China's exports unexpectedly returned to growth in May despite higher U.S. tariffs. The Mexican peso rallied more than two percent...

Oil prices held largely steady on Monday amid signs of a reprieve in global trade tensions. Benchmark Brent crude for August delivery shed 0.2 percent to $63.16 per barrel, while U.S. West Texas Intermediate (WTI) crude futures were virtually unchanged at 53.99 per barrel. Global trade tensions...

Crude oil futures ended sharply higher for a second straight session on Friday, amid signs OPEC members and allies will extend output cuts beyond June.

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