Category: Commodities & Energy
Oil Heads For 4th Monthly Gain Before Contentious OPEC+ Meeting
By Barani Krishnan Investing.com – Crude oil was headed for a fourth-straight monthly gain on.
PRECIOUS-Gold slumps as rising U.S. yields, dollar dull lustre
* Gold down over 6% for the month * U.S. consumer spending rebounds in January.
UPDATE 5-Oil drops on dollar strength and OPEC+ supply expectations
* Rout in bond markets sends yields soaring * Market expects increased oil supply *.
PRECIOUS-Gold heads for second monthly fall as Treasury yields rise
* Gold down 0.8% for the week, 4.2% for the month so far * $1,760.
Gold Sinks With Wall Street as U.S. Bond Yields Run Riot
By Barani Krishnan Investing.com – Gold struggled to stay above mid-$1,700 territory Thursday, joining the.
Analyst Green Pool cuts global sugar surplus forecast for this season and next
LONDON, Feb 25 (Reuters) – Analyst Green Pool on Thursday lowered its global sugar surplus.
UPDATE 1-Oil hovers near 13-mth highs as storm hits U.S. output, Fed assures rates staying low
* Fed Chairman Jerome Powell nixes rate hike fears * U.S. dollar languishes near three-year.
UPDATE 7-Oil rises after data shows slump in U.S. output amid Texas freeze
* Brent, WTI hit fresh 13-month high * U.S. crude output off 10%, refining runs.
PRECIOUS-Gold holds in tight range after Powell policy comments
* Powell says economy still needs Fed support * Powell testimony to resume at 1500.
PRECIOUS-Gold rises on dollar weakness, dovish comments from Fed’s Powell
* Powell says economy still needs Fed support * Holdings of SPDR Gold Trust fell.