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WTI price recovers above $62.50 as traders brace for Trump-Zelenskiy meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.55 during the early Asian trading hours on Tuesday. The WTI edges higher after talks between US President Donald Trump and his Ukrainian counterpart in the wake of an inconclusive US-Russia summit in Alaska on Friday.
Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold price traded sideways on Monday as traders await the meeting between Trump, Zelenskiy, and European leaders in Washington following last week's summit between US President Donald Trump and Russian President Vladimir Putin.
Fxstreet
Mon, Aug 18
Oil: Sanctions risk eases following Trump-Putin summit – ING
It’s unsurprising to see Oil trading lower this morning following the Trump-Putin summit in Alaska. While talks failed to secure a ceasefire, the tone and the absence of “severe consequences” for the lack of a truce, reduce, or at least delay, the risks of stricter sanctions.Fxstreet
Mon, Aug 18
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $62.06 per barrel, down from Friday’s close at $62.31.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.74.WTI slumps below $62.00 as traders brace for Trump-Zelenskiy talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.80 during the Asian trading hours on Monday. The WTI tumbles as traders remain cautious ahead of US President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy on Monday.Silver Price Forecast: XAG/USD rebounds from 200-SMA on H4, $38.25 barrier holds the key
Silver (XAG/USD) attracts some dip-buyers near the $37.80 region during the Asian session on Monday. The white metal climbs back above the $38.00 mark, hitting a fresh daily peak in the last hour.Fxstreet
Mon, Aug 18
Chile revises Copper production forecast downward – Commerzbank
Chile's state-owned Copper producer estimates production losses at its El Teniente mine due to the tunnel collapse and the resulting production stoppage lasting several days at 20-30 thousand tons, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Aug 15
US EIA expects an oversupply, lower oil prices, and falling US oil production – Commerzbank
The US Energy Information Administration (EIA), in contrast, has significantly revised its estimate of the supply surplus on the oil market upwards and now expects inventories to build by more than 2 million barrels per day in the fourth quarter of 2025 and the first quarter of 2026.Fxstreet
Fri, Aug 15
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