Oil bounces after tumbling to 7-month lows on global slowdown fears
Oil futures tick higher Thursday, bouncing after the U.S. and global benchmarks slumped to their lowest levels since January on rising fears of a global slowdown.
The latest news coverage on futures
Oil futures tick higher Thursday, bouncing after the U.S. and global benchmarks slumped to their lowest levels since January on rising fears of a global slowdown.
Oil futures end lower on Wednesday as concerns over a slowdown in energy demand resurface, prompting prices to give up earlier gains on the back of a threat from Russian President Vladimir Putin to cut off energy supplies.
Gold futures on Wednesday mark their highest finish in over a week, holding above the key $1,700 mark to recoup their loss from a day earlier and then some.
Global oil futures settle lower on Tuesday, with Brent crude giving back gains scored after OPEC and its allies agreed to cut output for the first time since 2020.
Prices of gold and silver trade in opposite directions Tuesday, with gold ending lower but silver posting a second straight session gain.
Ticker | Name | Last | Chg | Chg % | |
---|---|---|---|---|---|
CL00 | Crude Oil Continuous Contract |
|
|
|
|
GC00 | Gold Continuous Contract |
|
|
|
|
SI00 | Silver Continuous Contract |
|
|
|
|
NG00 | Natural Gas Continuous Contract |
|
|
|
|
RB00 | RBOB Gasoline Continuous Contract |
|
|
|
|
HG00 | Copper Continuous Contract |
|
|
|
|
C00 | Corn Continuous Contract |
|
|
|
|
W00 | Wheat Continuous Contract |
|
|
|
Oil prices climbed on Monday as members of the Organization of Petroleum Exporting Countries (OPEC+) agreed to cut output by 100,000 barrels a day in October.
Oil futures see modest gain on Friday, but post a hefty weekly loss as investors await a meeting of OPEC and its allies early next week.
Gold prices end higher Friday and silver bounces off its lowest level in two years, but both precious metals post losses for the week.
Gasoline prices at the pump have fallen for 11 weeks in a row, allowing consumers to breathe a sigh of relief as the U.S. summer driving season reaches a typical conclusion on Labor Day, but analysts warn that tight suppli...
Oil futures slide Thursday to their lowest settlement in two weeks after Chinese authorities lock down Chengdu, a city of 21 million in southwest China.
Gold tumbles to its lowest settlement in about 6 weeks on Thursday, and silver ends at its lowest since 2020, as investors bet that interest rates will remain higher for longer.
Oil prices posted their biggest monthly loss of the year in August, despite expectations that major producers may be ready to consider cutting production at the next OPEC+ meeting on Sept. 5.
Oil futures fall a third month in a row in August, their longest streak of monthly losses in more than two years.
Oil futures settled lower on Wednesday amid worries about the global economic outlook, as central banks move to squelch inflation, contributing to a monthly loss of more than 9% for U.S. benchmark crude prices.
Gold and silver prices softened for a fourth straight day on Wednesday, ending lower for the month as traders bet that the Federal Reserve is likely to keep benchmark interest rates higher for longer.