Commodities & Futures News

Oil jumps $2, breaking range as supply seen ebbing
By Reuters - Oct 06, 2015

By Barani Krishnan NEW YORK (Reuters) - Oil prices jumped more than $2 a barrel on Tuesday, breaking out of a month-long trading range on technical buying and industry talk as ...

Lower Supply Could Lead To Higher Oil Prices
By International Business Times - Oct 06, 2015

By Lydia Tomkiw - With global oil investments expected to be down by approximately $130 billion this year, the secretary-general of OPEC said Tuesday that this could mean higher...

Gold little changed near 1-week highs
By - Oct 06, 2015 - Gold prices were holding just below one-week highs on Tuesday as the chances of a rate hike by the Federal Reserve this year diminished after last week’s ...

Oil prices gain ground on weaker dollar
By - Oct 05, 2015 - U.S. oil futures gained ground on Monday, as lower expectations for a rate hike this year by the Federal Reserve sent the U.S. dollar broadly lower. U.S. crude ...

Gold futures edge lower but losses seen limited
By - Oct 05, 2015 - Gold prices edged lower in European morning hours on Friday, but losses were expected to remain limited as Friday's downbeat U.S. jobs data dampened expectations ...

NYMEX crude higher in Asia on views of U.S. output
By - Oct 05, 2015 - Crude oil gained in Asia on Monday as investors saw the supply picture slightly tighter on U.S. rig count data last week. On the New York Mercantile Exchange, ...

Crude oil futures - weekly outlook: October 5 - 9
By - Oct 04, 2015 - Crude oil futures rallied to one-week highs on Friday after data showing that the number of working U.S. oil rigs fell to a five-year low last week, alleviating ...