Gold Drops but Prepares for a Weekly GainCommodities

Gold Drops but Prepares for a Weekly Gain

Gold futures dragged down 0.07% to $1,841.30 by 11:19 PM ET (4:19 AM GMT), while benchmark U.S. 10-year Treasury yields…

Oil Prices Scored a 7-Year HighCommodities

Oil Prices Scored a 7-Year High

Brent crude futures climbed $1.02, or 1.2%, to $87.50 a barrel by 0924 GMT, while U.S. West Texas Intermediate (WTI)…

Oil Rises Over Tight SupplyCommodities

Oil Rises Over Tight Supply

Brent oil futures edged up 0.15% to $86.19 by 10:47 PM ET (3:47 AM GMT) and WTI futures leaped 0.34%…

Oil Drops Lower on Profit-TakingCommodities

Oil Drops Lower on Profit-Taking

U.S. West Texas Intermediate (WTI) crude futures settled down 52 cents, or 0.6%, at $82.12 a barrel, after increasing 5.6%…

The U.S. Oil Producers Ramp up FrackingCommodities

The U.S. Oil Producers Ramp up Fracking

Analysts at Tudor, Pickering, Holt, and Co stated that the number of pressure pumping units at work in the Permian…

Oil prices rise to two-month highsCommodities

Oil prices rise to two-month highs

Federal Reserve Chairman Jerome Powell stated that the economy of the United States, the world’s largest oil consumer, should weather…

Oil Increases to $82Commodities

Oil Increases to $82

OPEC supply additions are running under their allowed boost under a pact with allies due to a shortage of capacity…

Oil Rises But omicron Cases Spark Demand WorriesCommodities

Oil Rises But omicron Cases Spark Demand Worries

Brent oil futures was higher 0.37% to $82.08 by 9:48 PM ET (2:48 AM GMT). WTI Futures bounced 0.33% to…

Gold Regains Half of The Year’s Opening DeclineCommodities

Gold Regains Half of The Year’s Opening Decline

On Tuesday, U.S. gold futures’ most active contract, February, fixed up $14.50, or 0.8%. It clawed back half of the…

OPEC+ Boosts Output, Oil Rallies EvenCommodities

OPEC+ Boosts Output, Oil Rallies Even

Oil prices gained on Wednesday, extending gains as OPEC+ members adhered to an agreed-upon output goal increase for February. The…