Commodities & Futures News

Oil Prices Remain Weak on Iranian Sanctions Engima By Investing.com

© Reuters. Oil prices continue their slide on enigma over Iranian sanctions. Investing.com – How much President Donald Trump’s sanctions will hurt Iran and global crude supplies remains an enigma in the oil market, driving prices lower even as shares on battered Wall Street recover slightly. With the deadline to the Nov. 4 sanctions in its final stretch, there is ...

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Gold Prices Inch Up as Worries Over Corporate Earnings Weigh on Stocks By Investing.com

Gold prices inched up on Monday Investing.com – Gold prices inched up on Monday as worries over corporate earnings weighed on Asian equities. for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.02% at $1,236.0 a troy ounce by 1:50 AM ET (05:50 GMT). Chinese stocks were down around 2% on Monday after the country’s top ...

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Trump’s Iran sanctions resolve faces test from oil-thirsty China, India By Reuters

© Reuters. Trump’s Iran sanctions resolve faces test from oil-thirsty China, India By Timothy Gardner, Humeyra Pamuk and Henning Gloystein WASHINGTON/SINGAPORE (Reuters) – Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic ...

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Gold Prices – Weekly Outlook: Oct. 29

© Reuters. Gold prices tally a fourth weekly rise in a row Investing.com – Precious metals traders will continue to watch developments in equity markets and monitor geopolitical risks , after gold prices notched up a fourth week of gains, its longest winning streak since January. Gold is often sought in times of geopolitical tension or market turbulence. Investors will ...

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No need to freeze or cut oil output levels By Reuters

© Reuters. FILE PHOTO: Russian Energy Minister Novak attends Russian Energy Week forum in Moscow ISTANBUL (Reuters) – Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit. OPEC and its partners led by ...

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