Futures
Lean hogs rally as China exempts pork from additional tariffs on U.S. goods
Beijing’s decision on Friday to exempt pork from additional tariffs on U.S. goods follows a spike in China’s pork prices, as the nation continues to struggle with the decimation of its hog population that continues to suffer from African swine fever. 10:08 a.m. Sept. 14, 2019
Oil logs a weekly loss amid worries about rise in supplies
Oil futures finish lower on Friday, with both U.S. and international benchmark crude posting sizable weekly falls as worries about the prospect of rising inventories appeared to overshadow a U.S.-China tariff detente. 3:15 p.m. Sept. 13, 2019
Gold ends lower, suffers a weekly loss as bond yields rise
Gold futures end lower on Friday, giving up earlier gains to feed a loss for the week as appetite returns for assets perceived as risky and bond yields climb. 2:14 p.m. Sept. 13, 2019
Why Russian and Chinese central banks will keep buying gold
Emerging markets have beefed up gold holdings, undeterred by prices near their highest levels in more than six years, as countries such as Russia and China diversify their foreign-exchange reserves—a trend that is likely to continue. 1:48 p.m. Sept. 13, 2019
Oil ends with a loss as OPEC+ puts talk of deeper output cuts on hold until December
Oil futures finish with a loss on Thursday as OPEC and its allies reiterated their commitment to current output cuts, but failed to announce bigger production cuts as some had expected in the wake of easing tensions between the U.S. and Iran. 3:43 p.m. Sept. 12, 2019
Gold tallies back-to-back gain after ECB unleashes basket of easy-money measures
Gold futures mark a second consecutive gain Thursday after the European Central Bank cut key eurozone interest rates and delivered a batch of measures intended to punch up the region’s sluggish economy — bullish moves for bullion. 2:39 p.m. Sept. 12, 2019
Palladium prices top $1,600 to tally highest settlement ever
Palladium futures top $1,600 an ounce on Thursday to settle at their highest level on record, shaking off recent data showing a decline in Chinese auto sales, as emissions standards fuel bets surrounding strong demand for the metal used in pollution-control devices. 2:00 p.m. Sept. 12, 2019
U.S.-Iran developments provide a complicated backdrop for the OPEC+ meeting
The chances of a deeper oil production cut by the Organization of the Petroleum Exporting Countries and their allies has seen an uptick in just the last couple of days, as the group known as OPEC+ readies for meeting on the sidelines of the World Energy Congress in Abu Dhabi. 3:55 p.m. Sept. 11, 2019
Oil prices end at lowest in a week as Trump reportedly weighs easing sanctions on Iran
Oil futures decline on Wednesday, settling at their lowest in about a week, after a report that President Donald Trump is considering easing sanctions on Iran raised the possibility of the return of the country’s crude to the world market. A weaker demand outlook from OPEC fed the price decline, despite U.S. government data showing a fourth straight weekly fall in domestic crude supplies. 3:06 p.m. Sept. 11, 2019
Gold reclaims $1,500 mark ahead of key central bank meetings
Gold futures reclaim the key $1,500-an-ounce mark Wednesday, as traders weigh President Donald Trump’s latest tweet calling for the Federal Reserve to cut interest rates down to zero, ahead of the central bank’s meeting next week. 2:10 p.m. Sept. 11, 2019
Oil prices finish lower as Bolton’s departure may ease Iran conflict
Oil futures end lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran. The EIA also significantly cut its forecasts for U.S. and global benchmark crude prices in a monthly report, contributing to oil’s losses. 3:05 p.m. Sept. 10, 2019
Gold settles under $1,500, at lowest in 5 weeks
Gold futures fall Tuesday to settle under $1,500 an ounce, their lowest in five weeks. 2:01 p.m. Sept. 10, 2019
Gold pulls back, suffer a 3-session skid
Gold futures settle lower on Monday, giving back earlier gains to extend their losses to a third session in a row as a rise in Treasury yields and some strength in global stock markets weighed on the precious metal’s haven appeal. 3:37 p.m. Sept. 9, 2019
Oil ends at a nearly 6-week high as new Saudi oil minister repeats commitment to production cuts
Oil futures rise Monday, marking their highest settlement in almost six weeks, as Saudi Arabia’s new energy minister signals a continued commitment to production curbs. 3:35 p.m. Sept. 9, 2019
As market welcomes new Saudi oil minister, analyst touts Prince Abdulaziz as ‘master’ of OPEC politics
Saudi Arabia appointed a new energy minister over the weekend, and the oil market appears to be welcoming Prince Abdulaziz bin Salman with open arms, touting King Salman’s son as an energy ministry veteran who is likely to remain committed to production cuts. 1:59 p.m. Sept. 9, 2019
Oil ends higher on the back of third weekly decline in U.S. oil-drilling rigs
Oil prices reverse course to finish higher on Friday, buoyed by a third-weekly decline in the number of active U.S. rigs drilling for oil. The data, along with a government report issued a day earlier also showing a third week of falling domestic crude supplies, helped calm trade war-related worries about demand. 3:03 p.m. Sept. 6, 2019
Gold posts a loss for the session and week as Powell eases worries about the economy
Gold futures move lower Friday, giving up earlier gains to post a loss for the week, after Federal Reserve Chairman Jerome Powell offered an upbeat view on the U.S. economy, dulling demand for the haven metal. 2:17 p.m. Sept. 6, 2019
Why U.S. crude has outpaced gains for the international oil benchmark this year
U.S. benchmark oil has outperformed the global benchmark this year, leading prices in recent weeks to the narrowest spread in more than a year. Analysts say the move isn’t about the trade war. 12:22 p.m. Sept. 6, 2019
Oil rally fades, with U.S. prices erasing nearly all of their earlier gains
A rally in oil futures fades by the end of Thursday’s trading session, prompting U.S. prices to erase nearly all of their earlier gains as plans for U.S.-China trade talks failed to fully calm nervousness over the outlook for the global economy. 3:37 p.m. Sept. 5, 2019
Gold logs biggest daily dollar loss in 3 years on China trade optimism, upbeat private-jobs data
Gold prices drop Thursday, suffering their largest one-day dollar loss in almost three years, as news that the U.S. and China agreed to another round of trade talks next month dulled the precious metal’s haven appeal. 2:10 p.m. Sept. 5, 2019
Oil up 4% on higher risk appetite, and forecasts call for a third weekly fall in U.S. crude supplies
Oil futures climb Wednesday, tracking a global rally in assets perceived as risky, as investors focused on a geopolitical optimism and a forecast for shrinking U.S. crude supplies ahead of closely-followed weekly inventory reports. 4:09 p.m. Sept. 4, 2019
Gold settles higher, extends climb to 6-year high; silver ends at loftiest level since 2016
Gold futures shake off earlier loss on Wednesday to finish at a fresh six-year peak, buoyed by economic worries and weakness in the dollar. 2:44 p.m. Sept. 4, 2019
Gold rallies back to highest in over 6 years as ISM manufacturing marks lowest reading since 2016
Gold futures rally Tuesday as a contraction in August U.S. manufacturing, trade-related tensions, global growth concerns and the threat of a disorderly exit by Britain from the European Union drew investors to the haven metal. 2:16 p.m. Sept. 3, 2019
U.S. oil skids more than 3% lower as China tariffs target crude imports
U.S. oil futures head sharply lower Tuesday as an increase in tariffs, which took hold this weekend, heightened worries about a global recession — a bearish factor for global crude appetite. 10:00 a.m. Sept. 3, 2019
Oil drops as Russia reportedly cuts output less than expected; U.S. prices lose 6% in August
Oil futures settled sharply lower Friday, contributing to a loss for the month, after reports that Russian Energy Minister Alexander Novak said Russia’s oil output cuts in August will be slightly smaller those agreed to under the deal between OPEC and non-OPEC producers. 3:17 p.m. Aug. 30, 2019
Silver rally is stealing the show even as gold surges to 6-year high
Precious metals scored impressive gains in August, with gold logging a fourth consecutive monthly rise and silver steadily outpacing the price climb of its sister metal. Both have plenty of reasons to move even higher in the weeks to come. 2:46 p.m. Aug. 30, 2019
Gold scores a 6% August rise, for a 4th monthly gain in a row
Gold futures settle lower on Friday to post a loss for the week, but prices tally a fourth consecutive monthly gain. 2:07 p.m. Aug. 30, 2019
August was not a good month for most commodities; iron ore suffers the biggest loss
Commodities will end August with a second straight monthly loss, as uncertainty surrounding the U.S.-China trade war feeds expectations of a global economic slowdown—and demand for raw materials. 1:22 p.m. Aug. 30, 2019
U.S. oil benchmark ends at a more than 2-week high after a big fall in crude inventories
Oil futures build on gains a day after data showed a large drop in domestic inventories, with U.S. prices settling at their highest in over two weeks, while softer rhetoric from Beijing helped ease fears of an escalating trade war. 3:42 p.m. Aug. 29, 2019
Why Hurricane Dorian is lifting natural-gas prices
Natural-gas prices settle at their highest level in more than five weeks Thursday as Hurricane Dorian, which poses no big threat to energy production in the Gulf of Mexico, serves as a wake-up call that the worst of Atlantic hurricane season may be yet to come. 3:09 p.m. Aug. 29, 2019
