Commodities & Futures News

Crude prices higher in subdued trade  
By - Feb 05, 2016 - Crude oil futures were higher on Friday, but gains were held in check as oversupply concerns continued to weigh on markets.International benchmark Brent crude ...

Oil futures move higher but upside seen limited
By - Feb 05, 2016 - U.S. oil futures moved higher on Friday, but gains expected to remain limited by a stronger U.S. dollar as hopes for a potential deal between Russia and OPEC to cut...

Gold slips lower as U.S. dollar regains strength
By - Feb 05, 2016 - Gold slipped lower in European morning hours on Friday, as the U.S. dollar regained some strength ahead of the highly-anticipated U.S. nonfarm payrolls report due ...

Obama to seek new tax on oil in budget proposal
By Reuters - Feb 04, 2016 2

By Ayesha Rascoe and Valerie Volcovici WASHINGTON (Reuters) - U.S. President Barack Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that ...