Category: Gold and Commodities

Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 26)

October 26, 2022
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery rose $2.59 to $87.91 a barrel Wednesday. Brent crude for December delivery rose $2.17 to $95.69 a barrel. Wholesale gasoline for November delivery fell 2 cents to $2.90 a gallon. November heating oil rose 15 cents to $4.12 a gallon. November natural gas was unchanged at $5.61 per…

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Saudi Arabia ‘Maturer Guys’ in Spat With US: Energy Minister

October 26, 2022
bin SalmanBusiness & Marketseconomic policieseconomyenergyGold and CommoditiesMarketsMiddle EastministerSaudiUSWorld
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RIYADH—Saudi Arabia decided to be the “maturer guys” in a spat with the United States over oil supplies, the kingdom’s energy minister Prince Abdulaziz bin Salman said on Tuesday. The decision by the OPEC+ oil producer group led by Saudi Arabia this month to cut oil output targets unleashed a war of words between the…

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Oil Prices Stable as Rising US Crude Stocks Balance Supply Concerns

October 26, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices were broadly stable on Wednesday, moving in and out of negative territory after industry data showed U.S. crude stockpiles rose more than expected last week, though supply concerns and a weaker dollar gave support. Brent crude futures for December were up 12 cents, or 0.1 percent, at $93.64 a barrel by 1045 GMT….

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Global Stocks Higher on Hopes US Rate Hike Plans Will Ease

October 26, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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BEIJING—Global stock markets mostly gained Wednesday on hopes the Federal Reserve might ease off plans for interest rate hikes, while London opened lower after Britain installed its third prime minister this year amid an economic crisis. Other European markets gained. Shanghai, Tokyo, and Sydney closed higher. The euro edged above $1. The future for Wall…

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Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 25)

October 25, 2022
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery rose 74 cents to $85.32 a barrel Tuesday. Brent crude for December delivery rose 26 cents to $93.52 a barrel. Wholesale gasoline for November delivery rose 19 cents to $2.92 a gallon. November heating oil rose 5 cents to $3.97 a gallon. November natural gas rose 41 cents…

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World Is in Its ‘First Truly Global Energy Crisis’: IEA’s Birol

October 25, 2022
BirolBusiness & Marketscrisiseconomic policieseconomyenergyGold and CommoditiesIEALNGMarkets
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SINGAPORE—Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis,” the head of the International Energy Agency (IEA) said on Tuesday. Rising imports of LNG to Europe amid the Ukraine crisis and a potential rebound in Chinese…

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Oil Falls by More Than $1 Per Barrel as Demand Fears Linger

October 25, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
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LONDON—Oil prices fell by more than $1 per barrel on Tuesday as bearish economic data from key global economies heightened demand fears. International benchmark Brent crude futures fell by $1.30 to $91.96 per barrel by 1117 GMT, after easing 0.3 percent in the previous session. U.S. West Texas Intermediate crude futures for December delivery fell…

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World Shares Mostly Slip as Investors Eye Corporate Earnings

October 25, 2022
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocksUncategorized
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BANGKOK—Shares were mostly lower in Europe and Asia on Tuesday as investors geared up for a slew of corporate earnings reports. U.S. futures edged 0.1 percent higher but oil prices fell back. In London, the FTSE 100 fell 0.6 percent to 6,972.74 as Britain’s third prime minister this year, Rishi Sunak, prepared to take office…

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Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 24)

October 24, 2022
Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery fell 47 cents to $84.58 a barrel Monday. Brent crude for December delivery fell 24 cents to $93.26 a barrel. Wholesale gasoline for November delivery rose 7 cents to $2.73 a gallon. November heating oil rose 9 cents to $3.92 a gallon. November natural gas rose 24 cents…

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What Will Silver Be Worth in 10 Years?

October 24, 2022
10 yearsbear marketbull marketBusiness & MarketsGold and CommoditiesInvestmentMarketssilverSponsored Content
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Anyone interested in investing has probably considered trading precious metals at some point. Gold is the traditional choice for precious metal trading, but buyers and sellers have had a lot of success trading silver. Like gold, the price of silver has an excellent track record throughout history, and silver can serve the same function as…

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