Commodities

Oil Heads towards $73 a Barrel on Tight U.S. Supplies

Signs of a tight oil supply were growing in the United States causing oil prices to rise towards $73 a…

3 years ago

Oil Steadies as Delta Variant Surge Weighs on Demand Outlook

The Delta variant continues to weigh on the demand recovery, offsetting a decline in U.S. Gulf of Mexico output in…

3 years ago

Natural-gas Futures Rose to Strongest Finish since 2014

Natural-gas futures and oil prices were up on Wednesday due to a sluggish return of energy output in the Gulf…

3 years ago

Fears of Weaker Oil Demand Weigh on Sentiment

Prices of oil were mixed on Tuesday with Saudi Arabia's sharp cuts in crude contract prices for Asia causing fears…

3 years ago

Oil Declines after Saudi Price Cuts

Prices of oil were down on Monday, continuing to fall following Saudi Arabia’s cutting of crude contract prices for Asia…

3 years ago

Gold May Fall Despite Dismal Payrolls

Gold prices edged higher after the Jackson Hole symposium. The U.S. Federal Reserve Chair Jerome Powell managed to separate the…

3 years ago

Saudi Arabia may Cut Crude Prices for Asia in October

Saudi Arabia may cut prices for most crude grades in October for Asia. This came as a poll of six…

3 years ago

Gold Slightly Lowers Ahead of U.S. Economic Reports

Prices of gold slightly edged lower early on Wednesday as investors awaited U.S economic reports. That includes results of private-sector…

3 years ago

Oil Lowers ahead of OPEC and Allies Meeting

The United States has called for the pumping of more crude prompting OPEC and allies to set a meeting on…

3 years ago

Oil Down, Hurricane Ida Weakens

Prices of oil dropped from a four-week high on Monday as hurricane Ida weakened. Precautionary shutdowns of the U.S. Gulf…

3 years ago

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