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Oil prices fell more than 1 percent on Tuesday ahead of the expected release of U.S. crude reserves to cool the market. Demand concerns also weighed due to the resurgence of Covid-19 cases in Europe. Benchmark Brent crude futures fell 87 cents, or 1.1 percent, to $78.83 a barrel, while U.S. West...

Crude oil futures settled higher on Monday despite rising concerns about the outlook for energy demand due to a surge in coronavirus cases in several countries, and likely oversupply in the market.

Gold prices plunged sharply on Monday, resulting in the most active gold futures contract posting its biggest single-session loss in more than three months.

Gold hovered near a two-week low on Monday as the dollar strengthened on expectations that the Federal Reserve might accelerate the pace of policy tightening. Spot gold dipped 0.4 percent to $1,838.78 per ounce, while U.S. gold futures were down 0.6 percent at $1,840.85. The U.S. dollar was higher...

Oil prices were flat to slightly higher on Monday, after having hit seven-week lows earlier on concerns about excess supply and weak demand. Benchmark Brent crude futures edged up 14 cents, or 0.2 percent, to $79.03 a barrel, while U.S. West Texas Intermediate (WTI) crude futures were up 18 cents,...

Crude oil prices plunged sharply on Friday amid rising concerns about the outlook for energy demand following a surge in coronavirus cases and the imposition of fresh restrictions in some European countries.

Gold futures settled lower on Friday as the dollar climbed to a 16-month high on expectations that the Federal Reserve will likely hike rates by mid-2022.

Gold ticked higher on Friday as rising inflation and falling Treasury yields buoyed its safe-haven appeal. Spot gold inched up 0.1 percent to $1,860.98 per ounce, while U.S. gold futures were up 0.1 percent at $1,863.10. New York Fed President John Williams said on Thursday that the economy is...

Oil prices fell sharply on Friday amid talk of coordinated strategic reserve release and concerns that new COVID-related restrictions would hurt demand. Benchmark Brent crude futures for January delivery fell $1.57, or 1.9 percent, to $79.67 a barrel while U.S. West Texas Intermediate (WTI) crude...

Crude oil futures settled higher on Thursday, bouncing back strongly after early weakness, despite continued uncertainty about the outlook for energy demand amid a surge in coronavirus cases and fresh lockdown restrictions in several countries in Europe.

Gold futures settled lower on Thursday, retreating after closing at a five-month high in the previous session.

Gold prices edged lower on Thursday, but the downside remained capped as the U.S dollar slipped off a 16-month peak after a recent rally. Spot gold dipped 0.2 percent to $1,863.93 per ounce, after having hit a fresh over five-month peak on Wednesday. U.S. gold futures were down 0.2 percent at $1,866. The...

Oil prices extended losses on Thursday to reach six-week lows after reports that the United States has been reaching out to all major oil consumer nations to release their strategic petroleum reserves to temper rallying crude oil prices. Brent crude futures for January delivery were down 39 cents,...

U.K. stocks were moving lower on Thursday as weakness in oil and metal prices hit commodity-related stocks. The benchmark FTSE 100 slipped 14 points, or 0.2 percent, to 7,277 after declining half a percent on Wednesday. BP Plc dropped 1.1 percent and Royal Dutch Shell lost 1.5 percent as oil prices...

Crude oil prices declined sharply on Wednesday as data showing a larger than expected drop in gasoline stocks last week led to speculation the Biden administration might consider releasing more oil from emergency reserves.

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