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

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…

Oil Steadies as Delta Variant Surge Weighs on Demand OutlookCommodities

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…

Natural-gas Futures Rose to Strongest Finish since 2014Commodities

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…

Fears of Weaker Oil Demand Weigh on SentimentCommodities

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…

Oil Declines after Saudi Price CutsCommodities

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…

Gold May Fall Despite Dismal PayrollsCommodities

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…

Saudi Arabia may Cut Crude Prices for Asia in OctoberCommodities

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…

Gold Slightly Lowers Ahead of U.S. Economic ReportsCommodities

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…

Oil Lowers ahead of OPEC and Allies MeetingCommodities

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…

Oil Down, Hurricane Ida WeakensCommodities

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…