Commodities

Commentary on oil and gas and precious metals

Commodities

21 Apr 2017, 19:46

Crude Oil Plunges As US Seen Outlasting OPEC

WASHINGTON (Alliance News) – Crude oil futures plunged Friday amid growing evidence that surging US production has prevented OPEC’s supply…

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Commodities

21 Apr 2017, 19:13

Gold Rises To End Week Flat

WASHINGTON (Alliance News) – Gold futures rose Friday as nationalist Marine Le Pen remained a favorite to emerge from this…

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Commodities

21 Apr 2017, 12:53

Crude Oil On 4-Day Losing Skid, Rig Count Eyed

WASHINGTON (Alliance News) – Crude oil futures were slightly lower Friday, having dropped every day this week amid signs that…

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Commodities

21 Apr 2017, 12:48

Gold Steady Ahead Of Crucial French Vote

WASHINGTON (Alliance News) – Gold futures were steady Friday morning as focus shifted to an election in France that may…

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Commodities

20 Apr 2017, 20:15

Crude Oil On Prolonged Losing Skid

WASHINGTON (Alliance News) – Crude oil futures fell for a fourth straight session Thursday, but held above the psychologically important…

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Commodities

20 Apr 2017, 18:56

Gold Little Changes As Stocks Rally.

WASHINGTON (Alliance News) – Gold futures were flat Thursday as US stocks surged on upbeat corporate earnings. The Dow Jones…

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Commodities

20 Apr 2017, 13:11

Crude Oil Clings To USD50 Mark

WASHINGTON (Alliance News) – Crude oil futures rebounded Thursday morning, avoiding a drop below USD50 a barrel. Traders expressed renewed…

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Commodities

20 Apr 2017, 13:02

Gold Slipping Away From USD1300 Mark

WASHINGTON (Alliance News) – Gold futures were lower Thursday morning ahead of the weekly US jobless claims report. Gold prices…

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Commodities

19 Apr 2017, 19:44

Crude Oil Plunges Near USD50 As Gasoline Stockpiles Rise

WASHINGTON (Alliance News) – Crude oil futures plunged to the lowest in two weeks Wednesday, after government data showed an…

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Commodities

19 Apr 2017, 19:11

Beige Book Detects Modest Economic Growth, Tighter Jobs Market

WASHINGTON (Alliance News) – The Federal Reserve’s Beige Book observed all twelve Fed districts were equally split between modest and…

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Commodities

19 Apr 2017, 18:55

Gold Slips To Weekly Low

WASHINGTON (Alliance News) – Gold futures fell to their lowest in a week Wednesday, as the dollar strengthened versus major…

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Commodities

19 Apr 2017, 13:12

Crude Oil Holds USD52 As OPEC Sees Compliance

WASHINGTON (Alliance News) – Crude oil prices were higher Wednesday morning, after industry data showed US stockpiles dwindled slightly last…

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Commodities

19 Apr 2017, 13:06

Gold Slides From 2017 High

WASHINGTON (Alliance News) – Gold futures fell Wednesday morning as the dollar rallied versus major rivals. Gold was down USD10…

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Commodities

18 Apr 2017, 20:58

TSX Slides Along With Resource Stocks — Canadian Commentary

OTTAWA (Alliance News) – Canadian stocks turned lower Tuesday, as miners and banks reversed strong gains from the previous session.…

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Commodities

18 Apr 2017, 19:44

Crude Oil Slinks Near USD52 Despite Demand Hopes

WASHINGTON (Alliance News) – Crude oil futures were lower Tuesday despite expectations that US stockpiles dropped last week. Also, the…

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Commodities

18 Apr 2017, 19:17

Gold Clawing Toward USD1300

WASHINGTON (Alliance News) – Gold futures inched higher Tuesday, rebounding from early losses to extend recent gains. The precious metal…

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Commodities

18 Apr 2017, 13:10

Crude Oil Stuck In Range Near USD53 Ahead Of Inventories

WASHINGTON (Alliance News) – Crude oil futures were lower for a second session Tuesday morning, as geolitical tensions and weak…

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Commodities

18 Apr 2017, 13:02

Gold Edges Down From 5-Month Highs

WASHINGTON (Alliance News) – Gold futures were lower Tuesday after a rally in equities generated some risk appetite. However, markets…

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Commodities

17 Apr 2017, 19:59

Crude Oil Rally Again Fizzles

WASHINGTON (Alliance News) – Crude oil futures were lower Monday despite better-than-expected Chinese economic data. May WTI oil fell 53…

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Commodities

17 Apr 2017, 19:07

Gold At Highest In More Than Five Months

WASHINGTON (Alliance News) – Gold futures continue to push higher, ending at their highest since November 4 amid concerns that…

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Commodities

17 Apr 2017, 13:03

Crude Oil Trims Recent Gains, US Rig Count Still Soaring

WASHINGTON (Alliance News) – Crude oil futures were lower Monday amid signs of unrelenting US shale production. Baker Hughes said…

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Commodities

17 Apr 2017, 12:59

Gold Creeping Up Near USD1300

WASHINGTON (Alliance News) – Gold futures continued to rise Monday morning, as markets re-open after the Easter weekend. Geopolitical flashpoints…

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Commodities

13 Apr 2017, 19:46

Crude Oil Prices Inch Higher Amid Choppy Trading

WASHINGTON (Alliance News) – Following the modest pullback seen in the previous session, the price of crude oil showed a…

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Commodities

13 Apr 2017, 19:17

Gold Extends Upward Trend On Trump’s Comments About Dollar

WASHINGTON (Alliance News) – Extending a recent upward trend, the price of gold moved notably higher during trading on Thursday.…

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Commodities

12 Apr 2017, 19:50

Crude Oil Gives Back Ground Following Recent Strength

WASHINGTON (Alliance News) – After trending higher in recent sessions, the price of crude oil gave back some ground over…

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Commodities

12 Apr 2017, 19:22

Price Of Gold Extends Upward Move Amid Geopolitical Concerns

WASHINGTON (Alliance News) – Following the rally seen in the previous session, the price of gold saw some further upside…

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Commodities

12 Apr 2017, 13:42

Crude Oil Nudges Above USD53 A Barrel Ahead Of EIA

WASHINGTON (Alliance News) – Crude oil futures were slightly higher Wednesday morning as closely watched industry report said US crude…

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Commodities

12 Apr 2017, 13:35

Gold Jumps Tp 5-month Peak

WASHINGTON (Alliance News) – Gold futures continued to rise Wednesday morning amid diminishing expectations for three more rate hikes from…

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Commodities

12 Apr 2017, 10:38

PRESS: Saudi Arabia To Back OPEC Extending Output Cuts – Bloomberg

LONDON (Alliance News) – Saudi Arabia is likely to support extending OPEC output cuts into the second half of 2017…

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Commodities

11 Apr 2017, 19:56

Price Of Crude Oil Extends Recent Upward Trend

WASHINGTON (Alliance News) – Extending a recent upward trend, the price of crude oil moved to the upside during trading…

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