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WTI declines to near $56.00 as Venezuelan oil deal overshadows US inventory drawdown
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.05 during the early European trading hours on Thursday. The WTI price declines on US President Donald Trump statements on Venezuelan oil.
Silver Price Forecast: XAG/USD oscillates around $78.00; downside seems limited
Silver (XAG/USD) seesaws between tepid gains/minor losses through the Asian session on Thursday and now trades around the $78.00 mark, down 0.40% for the day. The white metal, however, holds above the previous day's swing low and a month-to-date ascending trend-line support, near the $77.00 mark.
Fxstreet
Thu, Jan 8
WTI price rebounds above $56.00 as EIA reports sharp inventory decline
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.30 during the Asian trading hours on Thursday. The WTI price recovers some lost ground as the crude oil inventories report shows a sharper decline than anticipated.Gold Price Forecast: XAU/USD declines to near $4,450 as safe-haven demand eases
Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.Fxstreet
Thu, Jan 8
Gold slips from $4,500 as strong US data dents haven demand
Gold price tumbles nearly 1% on Wednesday after US economic data showed that business activity improved, while the labor market shows signs of being more solid than expected. At the time of writing, XAU/USD trades at $4,465 after reaching a high of $4,500,Fxstreet
Wed, Jan 7
RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January 2026, Russia shipped 3.43 million barrels a day, a decrease by c.440,000 barrels from the period ending 21 December 2025.WTI Oil prices struggle to break above $56.50 amid oversupply concerns
The price of the US benchmark WTI Oil remains pinned near the three-week lows, sub-$56.00 hit earlier on Wednesday, as an unexpected US deal to import Crude from Venezuela has increased market concerns of an Oil glut.US President Donald Trump announced on Tuesday that the US will import 30 to 50 milSilver Price Forecast: XAG/USD falls below $79.50 due to profit-taking
Silver price (XAG/USD) depreciates by 1.75% after three days of gains, trading around $79.30 per troy ounce during the European hours on Wednesday. The price of the grey metal declines as investors lock in profits following its rally toward record highs.Fxstreet
Wed, Jan 7
Gold pulls back from $4,500 amid profit-taking ahead of key US macro data
Gold (XAU/USD) struggles to capitalize on its strong weekly gains registered over the past two days and faces rejection near the $4,500 psychological mark, or over a one-week high touched during the Asian session on Wednesday.Fxstreet
Wed, Jan 7
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