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Oil slips as Iraq exports resume and OPEC+ plans output hike – Commerzbank
Oil prices dropped early this week as northern Iraq resumed exports and OPEC+ signals a modest production increase for November, raising concerns of a widening oversupply despite elevated prices, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Tue, Sep 30
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.98 per barrel, down from Monday’s close at $63.01.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.70 after its previous daily close at $66.75.Gold surges near $3,830 as US government shutdown fears spurs haven demand
Gold price advances close to 2% on Monday and trades near record highs of $3,833 as market participants seeking safety bought the yellow metal amid fears of a government shutdown in the United States. XAU/USD trades at $3,827 at the time of writing.Fxstreet
Mon, Sep 29
WTI Price Forecast: Sellers hold control below 200-day SMA, downside bias intact
West Texas Intermediate (WTI) Crude Oil kicks off the week on a softer footing, resuming its downside correction after peaking at a seven-week high on Friday. At the time of writing, WTI trades near $63.65 per barrel, down over 2.0% on the day.Gold rallies to record highs above $3,800 on US Dollar weakness and shutdown risk
Gold (XAU/USD) shines bright at the start of the new week, climbing past $3,800 for the first time and reaching a fresh record high. At the time of writing, XAU/USD is trading near $3,825, up around 1.70% on the day, extending its record-breaking rally into a seventh straight week.Fxstreet
Mon, Sep 29
Gold Price Forecast: XAU/USD rallies to $3,820 amid a potential US government shutdown
Gold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session, with precious metals thriving and the US Dollar tumbling as investors brace for a potential shutdown of the US government on Wednesday.Trump is expected to meet bipartisan congressional leaders lFxstreet
Mon, Sep 29
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