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United States Baker Hughes US Oil Rig Count above expectations (415): Actual (417)
United States Baker Hughes US Oil Rig Count above expectations (415): Actual (417)
Brent
Fxstreet
Fri, Nov 14
WTI rebounds on Russian depot strike, US sanctions despite oversupply fears
West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the day, after hitting a daily high at $60.47.
WTI
Brent
Fxstreet
Fri, Nov 14
Gold Price Forecast: XAU/USD dips below $4,150 as the US Dollar picks up
Gold (XAU/USD) is heading lower on a choppy trading session on Friday, weighed by a firmer US Dollar amid the risk-averse sentiment.
Gold
Fxstreet
Fri, Nov 14
Positive supply news for the Copper market – Commerzbank
The Copper price only briefly exceeded the $11,000 per ton mark, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Copper
Fxstreet
Fri, Nov 14
Silver price close to record high again – Commerzbank
The Silver price yesterday almost reached the record high of $54.5 per troy ounce recorded four weeks ago again, Commerzbank's commodity analyst Carsten Fritsch notes.
Silver
Fxstreet
Fri, Nov 14
Gold slips from three-week highs as Dollar firms and Fed caution weighs
Gold (XAUUSD) edges lower on Friday as bulls struggle to hold early gains amid mixed market sentiment. At the time of writing, XAU/USD is trading around $4,133, easing after reaching over three-week highs of $4,245 on Thursday.
Gold
Fxstreet
Fri, Nov 14
Doubts about US interest rate cuts weigh on Gold price – Commerzbank
The Gold price fell slightly again yesterday, as it remained unclear when the US data releases that were missed due to the US government shutdown would be made up for, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
Fxstreet
Fri, Nov 14
China processed large amounts of crude Oil in October – Commerzbank
China's crude Oil processing amounted to nearly 15 million barrels per day in October, as reported by the National Bureau of Statistics this morning, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Fri, Nov 14
Oil market faces more or less significant oversupply next year – Commerzbank
The IEA also published its regular monthly report, in which it maintains its forecast of a record supply surplus of more than 4 million barrels per day in the coming year.
Brent
Fxstreet
Fri, Nov 14
Silver rises on safe-haven demand as US data disruptions persist
Silver (XAG/USD) trades around $52.60 on Friday at the time of writing, up 0.50% on the day. The precious metal regains traction as investors turn to safe-haven assets, while US economic data remains severely disrupted after the federal government’s reopening.
Silver
Fxstreet
Fri, Nov 14
IEA envisages significantly later peak in Oil demand – Commerzbank
The International Energy Agency published its annual World Energy Outlook this week, with forecasts up to 2050, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Fri, Nov 14
IEA continues to see very well-supplied Oil market – ING
Oil prices moved higher yesterday, settling just shy of 0.5% higher, despite a bearish weekly Energy Information Administration (EIA) inventory report.
Brent
WTI
Fxstreet
Fri, Nov 14
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $59.42 per barrel, up from Thursday’s close at $58.56.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $62.69 price posted on Thursday, and trading at $63.52.
WTI
Brent
Fxstreet
Fri, Nov 14
Gold retakes $4,200 as USD weakens on economic concerns, risk-off mood boost demand
Gold (XAU/USD) attracts some dip-buyers during the Asian session on Friday and climbs back above the $4,200 mark, closer to an over three-week high that was touched the previous day.
Gold
Fxstreet
Fri, Nov 14
WTI rises to near $60.00 on supply risks due to US sanctions
West Texas Intermediate (WTI) Oil price gains for the second successive session, trading around $59.90, up by more than 2%, during the Asian hours on Friday. Crude Oil prices receive support from supply risks linked to upcoming United States (US) sanctions.
Brent
WTI
Fxstreet
Fri, Nov 14
Gold Price Forecast: XAU/USD climbs above $4,150 as US shutdown ends
Gold price (XAU/USD) trades in positive territory near $4,185 during the early Asian session on Friday. The precious metal drifts higher as traders anticipate that the reopening of the US government will restore the flow of economic data and reinforce bets of further US interest rate cuts.
Gold
Fxstreet
Fri, Nov 14
Gold retreats as Fed cut bets fade and safe-haven demand weakens
Gold (XAU/USD) rose on Thursday to a nearly three-week high of $4,245 as the US government reopening pushed the Greenback lower. Speculation that September’s jobs data could be the catalyst for the Federal Reserve (Fed) to cut rates pushed the yellow metal higher.
Gold
Fxstreet
Thu, Nov 13
WTI recovers slightly amid oversupply fears and EIA inventory surge
West Texas Intermediate (WTI) US Oil trades around $58.80 on Thursday at the time of writing, up 0.70% on the day. Crude Oil is attempting to stabilize after two highly volatile days, including a drop of more than 4% on Wednesday, driven by persistent fears of a global supply glut.
WTI
Brent
Fxstreet
Thu, Nov 13
United States EIA Crude Oil Stocks Change came in at 6.413M, above forecasts (2M) in November 7
United States EIA Crude Oil Stocks Change came in at 6.413M, above forecasts (2M) in November 7
Brent
Fxstreet
Thu, Nov 13
Silver declines as US shutdown resolution eases safe-haven demand
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86.
Silver
Fxstreet
Thu, Nov 13
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