Oil prices recover after three-day plunge; demand worries linger
(Reuters) – Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the…
Oil extends losses ahead of expected interest rate hikes
(Reuters) – Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the…
Gold firms above $2,000 as Fed anxiety, bank rout boost safe havens
Gold prices moved little in early Asian trade on Wednesday, but were underpinned by increased safe haven demand amid renewed…
Crude oil lower on global demand worries; API inventories due
Oil prices drifted lower Tuesday, continuing the previous session’s losses on fears of a global economic slowdown hitting demand for…
Marathon Petroleum posts bumper profit on high demand, tight supply
(Reuters) – Marathon Petroleum Corp (NYSE:MPC) posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand…
Lithium prices bounce after big plunge, but surpluses loom
(Reuters) – Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but…
XAU/USD: Gold Prices Firm After US Economic Growth Slows Down to 1.1%
The American economy flagged its first big recession signal as it expanded way below estimates in the first quarter. Gold…
Oil drops as US rate hike concern, weak China data offset OPEC+ cuts
(Reuters) -Oil fell on Monday as concern over the economic impact of the U.S. Federal Reserve potentially raising interest rates…
Oil rises as falling US inventories refocus market on demand
(Reuters) -Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling U.S. crude oil and…
Halliburton beats quarterly profit estimates as pricing improves
(Reuters) – Oilfield firm Halliburton (NYSE:HAL) Co on Tuesday reported a first-quarter profit that topped Wall Street estimates as a…