Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023
(Reuters) – Oil prices spiked more than 1% on Tuesday after Saudi Arabia and Russia announced a fresh extension to…
Gold prices flat as dollar, yields steady before more Fed cues
Gold prices moved little on Tuesday amid a dearth of direct cues, while the dollar and Treasury yields remained steady…
Oil slips as investors sour on China
(Reuters) – Oil prices dipped on Tuesday as fresh data added to gloom over the state of China’s post-pandemic recovery,…
US crude stocks to fall further, end below year-ago levels, say analysts
(Reuters) – U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts…
Marketmind: Early Labor Day for markets
A look at the day ahead in U.S. and global markets from Mike Dolan Labor Day comes a bit earlier…
Oil driven higher by tight supply expectations
(Reuters) – Oil benchmark Brent hovered above $87 a barrel as crude prices looked set to set to snap a…
Gold prices steady ahead of payrolls report, copper boosted by China
Gold prices moved little on Friday, steadying near three-week highs as markets awaited more cues on U.S. monetary policy from…
Oil dips as China factory activity shrinks; market eyes US data
(Reuters) – Oil prices eased on Thursday after data showed China’s manufacturing activity shrank for the fifth month in a…
Gold steadies amid Fed pause bets, weak China PMIs dent copper
Gold prices steadied near three-week highs on Thursday as weak economic readings from the U.S. fueled more bets that the…
Coal miners forced to save for a rainy day by insurance snub
(Reuters) – Some coal producers are having to set aside tens of millions of dollars to cover their own risks…