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Resumption of Oil deliveries from Iraqi Kurdistan reportedly imminent – Commerzbank
Concerns that the US might toughen its stance against Russia have pushed Oil prices back to the upper edge of the trading range that has been in place for two months, Commerzbank's commodity analyst Barbara Lambrecht notes.
Gold consolidates near $3,750 ahead of US PCE inflation data
Gold (XAU/USD) holds steady near $3,750 on Friday, continuing to consolidate within the familiar $3,760-$3,720 range after surging to a record high of $3,791 earlier this week, as traders reassess the Federal Reserve’s (Fed) monetary policy outlook amid mixed signals from officials and robust US eco
Fxstreet
Fri, Sep 26
US natural gas storage rises – ING
US natural Gas inventories increased by 75Bcf last week, a touch above expectations but just shy of the five-year norm. With storage still running 6.1% above average and weather outlooks mixed, Henry Hub prices were little changed, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Sep 26
Gold Price Forecast: XAU/USD wobbles around $3,750 as investors await US PCE Inflation data
Gold price (XAU/USD) trades in a tight range around $3,750 during the European trading session on Friday. The yellow metal consolidates as investors await the United States (US) Personal Consumption Expenditure Price Index (PCE) data for August, which will be published at 12:30 GMT.Fxstreet
Fri, Sep 26
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $65.00 per barrel, down from Thursday’s close at $65.04.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.69 after its previous daily close at $68.76.Gold dips as Fed rate cut bets fade; lacks bearish conviction ahead of US PCE data
Gold (XAU/USD) struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Friday. The upbeat US macro data released on Thursday fueled uncertainty over the pace of interest rate cuts by the Federal Reserve (Fed)Fxstreet
Fri, Sep 26
Gold Price Forecast: XAU/USD holds positive ground near $3,750 amid mixed signals from Fed officials
Gold Price (XAU/USD) edges higher to near $3,750 during the early Asian session on Friday. The precious metal gains ground amid expectations of further US rate cuts from the Federal Reserve (Fed) this year and rising geopolitical risks.Fxstreet
Thu, Sep 25
Gold pares gains as strong US data offsets Fed cut narrative
Gold price trimmed earlier gains after reaching a daily high of $3,761 on Thursday, following the release of a US jobs report that showed signs of strength, contrary to the main reason for cutting rates last week. Also, traders are eyeing the release of inflation data on Friday.Fxstreet
Thu, Sep 25
Trump’s Low-Oil-Promise Splits U.S. Energy Sector: Shale Break-Even at $60, Survival Line at $40
TradingKey - The Trump administration’s pledge to boost U.S. crude output and lower oil prices is drawing fierce backlash from American shale producers. WTI crude has fallen 18% from its January peak and is now approaching the industry’s widely recognized break-even level of $60 per barrel, withTradingKey
Thu, Sep 25
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