Oil prices held on to their gains on Friday, thanks to the fall in US oil inventory report. For figures, US Crude Oil WTI Futures gained 0.3% to $56.21. Meanwhile, benchmark Brent Oil Futures crept 0.1% higher, trading at $63.45. Looking at the bigger picture, WTI is 23% higher so far this year. Brent has …
Oil Gains on Lower Inventory Report| WibestBroker Read More »
Crude oil and petroleum prices made a recovery in today’s trading session. Both US WTI crude oil and Brent oil futures took a dip in the earlier half of the day. Prices fell due to traders who say that Hurricane Barry caused supplies to fall. An analyst suggests that the weekly crude stockpile draw came …
Oil and petroleum prices recovered in Wednesday’s session. Oil futures are now trading in positive territories. The US WTI crude oil futures inched up 0.24 points or 0.42%. Commodities analysts and crude oil traders expected a slow and steady recovery. Crude oil barrels ranged from 56.86 US dollars to 57.27 US dollars in sessions. The …
Crude Oil Prices Slowly Recover as Tensions Rise Read More »
Crude oil and petroleum futures were seen in the trading flat in today’s session. The oil market continues to weigh on geopolitical tensions in the Middle East and the slowing demand. Brent oil futures, the benchmark for crude oil prices at the Atlantic, went down a mere 0.49 points or 0.79%. Brent oil prices reached …
Petroleum and Oil Prices trades flat in Wednesday’s session Read More »
Oil and petroleum prices have erased all signs of losses after gaining as Iran keeps oil traders on their feet. Crude oil WTI futures have risen 1.76% or 0.98 points. Prices of the light sweet crude oil in today’s trading range from $55.57 to $57.02. Crude oil barrels currently trade at $56.35 compared to its …
Oil and Petroleum Prices Rally as Iran Keep Tensions High Read More »
The Gold USD exchange pair skyrocketed in the earlier half of Friday’s trading session. Prices later fell during the second half of the day after failing to hold on to its gains. Gold spot prices started the day around 1,427.99 US dollars before suddenly jumping up as high as 1,453.01 US dollars. After a strong …
Gold USD Surges but Fails to Hold onto its Gains Read More »
Oil and petroleum prices went down in Thursday’s trading over the news of possible trade talks between Tehran and Washington. Crude oil WTI futures lost 0.39% or 0.22 points in the session. A barrel of the average oil costs around 56.56 US dollars, compared to its opening price of 56.55 US dollars and its previous …
Oil and Petroleum Prices Slip Over Possible US-Iran Talks Read More »
The gold USD pair is trading in negative regions in today’s session. The precious metal’s safe-haven appeal hasn’t been working effectively on traders and investors in past sessions. XAU/USD prices have declined 0.19% or 2.70 points on Wednesday’s session. Spot gold prices currently trade around $1,403.01 compared against its previous close of $1,405.90. The greenback …
Oil and petroleum products are expected to move upward following the resumption of production in the US Gulf of Mexico. In the previous days, oil and petroleum production in Louisiana and the near region temporarily halted production in preparation for Hurricane Barry. Oil futures shortly declined during the storm. Producers are now restoring output, oil …
Oil and Petroleum Prices Inches Up After Hurricane Barry Read More »
Oil and Petroleum prices fall after the IEA or International Energy Agency said that they expect a rise in oil supplies by 2020. The Organization of Petroleum Exporting Countries, otherwise known as OPEC, has agreed during their meeting in Vienna, Austria to cut production until March 2020. The United States Crude Oil WTI futures declined …
Crude Oil and Petroleum Prices Slips Against OPEC’s Cuts Read More »
Crude oil prices are currently getting support from demand concerns as tensions in the Persian Gulf region continues to brew. The West Texas Intermediate crude oil futures inched 0.08 points or 0.13%. Crude oil barrels currently trade at $60.28, compared to its previous close of $60.20. Brent oil futures, the benchmark for oil prices outside …
Oil prices rise as tensions in the Persian Gulf continues Read More »
The Federal Reserve rate cut expectations went low, dragging the gold price with a sharp fall. Click here now! – Wibest Broker
WTI Crude oil and other commodities during the first six months of 2019 Brent crude oil price fell on Monday despite the fact that the June job report surpassed the expectations. The price of the West Texas Intermediate (WTI) crude oil increased by 6 cents to $57.57 a barrel. However, the Brent crude oil price …
This week gold prices continue to rise, even after suffering a temporary decline at the beginning of the week. There is a chance that gold prices will continue its seventh consecutive weekly gain and will add another week. It means that gold prices continue to attract investors from around the world. There are several reasons …
On Thursday in Asia, as traders weighed gains in stock markets and expected a potential rate cut by the U.S. Federal Reserve occurred, gold prices were a little moved. The Comex division of the New York Mercantile Exchange traded gold futures for August delivery at $1,421.7 a troy ounce, higher 0.06%. Closing record highs overnight, …
US Fed: After Kicking 1-week high, Gold Prices Stable Read More »
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