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Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $62.36 per barrel, up from Monday’s close at $62.18.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.06 price posted on Monday, and trading at $66.26.
Gold hits fresh record at $3,646 as Fed rate cut bets strengthen
Gold’s rally extended for the second straight day on Monday, reaching a new record high of $3,646 as growing confidence that the Federal Reserve (Fed) will reduce rates at the September meeting increased. Therefore, XAU/USD trades at $3,634, up by more than 1%.Fxstreet
Mon, Sep 8
Gold rallies into uncharted territory, fueled by Fed easing bets and global risks
Gold (XAU/USD) begins the week on an impressive bullish note, soaring to fresh all-time highs above $3,600 per ounce on Monday. The move extends last week’s rally amid growing conviction that the Federal Reserve (Fed) will cut interest rates at its September monetary policy meeting...Fxstreet
Mon, Sep 8
WTI crude prices rise to $62.80 as OPEC+ dials down supply hike plans
Crude Oil is trading higher on Monday, amid news reporting that the next OPEC+ supply hike scheduled for October will be lower than previously expected, while the recent attacks in Ukraine have raised speculation about further sanctions on Russian crude.China’s August Copper imports edge higher – ING
China released its preliminary trade data for metals this morning, showing strong domestic demand for industrial metals. Imports of unwrought Copper rose 1.2% YoY to 425.1kt in August. However, cumulative Copper imports are still down 2.2% YoY to 3.5mt in the first eight months of the year.
Fxstreet
Mon, Sep 8
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.53 per barrel, up from Friday’s close at $61.72.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.46.Featured Tools
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