Category: Gold and Commodities

World Hoped to Crucify Top Oil Supplier, Saudi Says

November 11, 2022
Business & MarketsenergyGold and CommoditiesInternationalMarketsMiddle EastOilSaudisupplierUNWorld
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SHARM EL SHEIKH, Egypt—The world was hoping to crucify Saudi Arabia as a top oil exporter, its energy minister said on the sidelines of the COP27 summit in Egypt, adding the kingdom would be closely monitoring other countries’ energy policies. Setting out what he said were Saudi Arabia’s steps to produce cleaner energy and reduce…

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Oil Jumps by 3 Percent as China Eases COVID-19 Curbs

November 11, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices jumped by about 3 percent on Friday after health authorities in China, the top global crude importer, eased some of the country’s heavy COVID-19 curbs. Brent crude futures rose $2.86, or 3.1 percent, to $96.53 a barrel by 1145 GMT, extending a 1.1 percent rise in the previous session. U.S. West Texas Intermediate…

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US Futures Point Higher, Adding to Thursday’s Huge Gains

November 11, 2022
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocksUS
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Wall Street pointed higher in premarket trading Friday, adding to the hefty gains from a day earlier when government data showed that U.S. inflation eased more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Futures for the Dow Jones Industrial average rose 0.5 percent. Futures for the…

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Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 10)

November 10, 2022
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery rose 64 cents to $86.47 a barrel Thursday. Brent crude for January delivery rose $1.02 to $93.67 a barrel. Wholesale gasoline for December delivery rose 3 cents to $2.57 a gallon. December heating oil fell 9 cents to $3.57 a gallon. December natural gas rose 37 cents to…

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In California, Water Worries a Farmer-Congressman

November 10, 2022
2022 Midterm ElectionsBusiness & MarketsCaliforniacongressDroughteconomic policieseconomyenergyEnvironmentGold and CommoditiesLocal NewsMarketsNorthern CaliforniaPolicies & ImpactsPoliticsRegional-Local NewsRepublicansriceScienceUSUS NewsWater
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On the road from Yuba City to Chico in the northern half of California’s heavily agricultural Central Valley, it’s hard to stop thinking about water—especially during election season. Political signs advertise candidates’ positions on the issue, an indication of its virtually unmatched importance to the people and communities between the Sierra Nevadas and the California…

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Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 9)

November 9, 2022
Benchmark U.S. crude oilBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery fell $3.08 to $85.83 a barrel Wednesday. Brent crude for January delivery fell $2.71 to $92.65 a barrel. Wholesale gasoline for December delivery fell 10 cents to $2.54 a gallon. December heating oil fell 11 cents to $3.66 a gallon. December natural gas fell 27 cents to $5.87…

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Oil Prices Dip on China COVID-19 Worries

November 9, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices slipped on Wednesday after industry data showed that U.S. crude stockpiles rose more than expected and on concerns that a rebound in COVID-19 cases in top importer China would hurt fuel demand. Brent crude futures fell 74 cents, or 0.7 percent, to $94.62 a barrel by 1201 GMT, while U.S. West Texas Intermediate…

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World Stocks Stall as US Midterms Too Close to Call

November 9, 2022
Business & MarketsCompaniescryptocurrencyeconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsMedia & Big Techrecessionstocks
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LONDON—World stocks stalled below recent seven-week highs on Wednesday, while the dollar rose as investors awaited the results of the closely watched U.S. midterm election. Bitcoin, the biggest cryptocurrency by market value, fell as much as 5 percent, a day after sliding 11 percent. European stock markets and U.S. futures were lower, Meta Platforms Inc….

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Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 8)

November 8, 2022
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery fell $2.88 to $88.91 a barrel Tuesday. Brent crude for January delivery fell $2.56 to $95.36 a barrel. Wholesale gasoline for December delivery fell 1 cent to $2.64 a gallon. December heating oil fell 1 cent to $3.77 a gallon. December natural gas fell 80 cents to $6.14…

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Long Arm of Bureaucracy Causing Trouble For Farmers in the State of Jefferson

November 8, 2022
Business & MarketsCaliforniaconstitutional rightsDefending Americaeconomic policieseconomyEnvironmentFeatured TopicsFederal-State RelationsGavin NewsomGold and CommoditiesMarketsPolicies & ImpactsScienceState of JeffersonUSUS NewsValues and TraditionWater
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If you look carefully, you’ll spot it all over the place in rural Siskiyou County, California—on flags, on banners, and even on bumper stickers. Two ‘Xs’ in a yellow circle symbolize what supporters see as the double-crossing governments of Oregon and California. Words encircle the double-crosses: “The Great Seal of State of Jefferson.” The movement…

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