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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
Aug 15, 2025
Gold price falls after unexpectedly strong US producer price data – Commerzbank
The Gold price came under pressure yesterday following the publication of US producer prices. These rose significantly more than expected in July, which is likely to be attributable to the impact of tariffs.Fxstreet
Aug 15, 2025
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 $62.94 per barrel, down from Thursday’s close at $63.08.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.30 after its previous daily close at $66.42.Silver Price Forecast: XAG/USD flat lines around $38.00 as traders seem non-committed
Silver (XAG/USD) attracts some dip-buying during the Asian session on Friday and stalls the previous day's retracement slide from the $38.70-$38.75 area, or a three-week high. The white metal climbs back above the $38.00 mark in the last hour, though it lacks bullish conviction.Fxstreet
Aug 15, 2025
Gold dives as US PPI surges, cutting into Fed dovish bets
Gold Price takes a hit and dives over 0.60% on Thursday following a red-hot factory gate inflation report in the United States (US), which prompted investors to price out the chances for a 50-basis-point rate cut at the Federal Reserve’s (Fed) upcoming meeting.Fxstreet
Aug 14, 2025
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