Futures
Oil climbs for a second session, settles at highest since March
Oil futures rise for a second session on Thursday, logging their highest finish since March, amid support from data showed the biggest weekly U.S. crude supply decline since 2019 and stronger-than-expected domestic job growth in June. 3:22 p.m. July 2, 2020
Gold settles higher with investors casting a wary eye on upbeat U.S. jobs data as cases of COVID-19 continue to rise
Gold futures settle higher Thursday as investors showed concern over the economic impact of the rising numbers of new COVID-19 cases in the U.S. and around the world despite improving economic data. 2:41 p.m. July 2, 2020
Oil futures end higher as U.S. supply marks biggest weekly decline of the year
Oil futures end higher Wednesday after a U.S. government report showed the largest weekly decline in domestic crude inventories so far this year. 3:13 p.m. July 1, 2020
Gold settles with a loss to start July after the notching the highest finish since 2011
Gold futures settle with a loss Wednesday after topping $1,800 and marking the highest finish since in nearly nine years a day earlier, as uncertainty swirling around global economies amid coronavirus provided support for the precious metal. 2:24 p.m. July 1, 2020
This commodity escaped first half of 2020 drop in the energy sector
A benchmark commodities index lost about 20% in the first half of 2020, with the energy sector leading the decline as the coronavirus pandemic ravaged demand for petroleum. Uranium, though, stands out as a resilient performer that’s likely to continue to do well in the second half of the year. 11:14 a.m. July 1, 2020
Oil posts hefty quarterly climb, but coronavirus cases, oversupply worries feed year-to-date loss
Oil futures end lower on Tuesday as persistent concerns about the rising number of cases of COVID-19 and the threat of more oil flowing out of the Middle East more than offset upbeat data suggesting both China’s manufacturing and service sectors are recovering. 3:44 p.m. June 30, 2020
Gold prices top $1,800 an ounce to score highest finish since 2011
Gold futures top $1,800 an ounce on Tuesday to tally their highest finish since 2011 as uncertainty created by the coronavirus pandemic feeds the metal’s appeal as a haven investment. 2:33 p.m. June 30, 2020
Gold posts largest quarterly gain in 4 years; talk of record prices by year end grows
Gold futures post a gain of nearly 13% for the three-month period ended Tuesday—-the largest quarterly percentage climb since 2016—with analysts renewing talk of record prices by year end. 2:25 p.m. June 30, 2020
Oil prices end higher as hope for increased demand overshadows coronavirus-induced uncertainty
Oil futures finish higher Monday, buoyed by some recovery in energy demand, even with that recovery threatened by the possibility of another round of shutdowns as global cases of COVID-19 top 10 million. 3:25 p.m. June 29, 2020
Gold futures end higher, but silver declines as investors eye impact of COVID-19’s rapid spread
Gold futures on Monday end higher as evidence of a rapid spread in coronavirus cases supported buying the haven metal to start the week, but investor worries over industrial demand for silver pressure prices for the white metal. 2:16 p.m. June 29, 2020
Silver, copper prices mark an impressive recovery from March lows
Industrial metals have seen an impressive recovery in recent weeks. Silver has erased its loss for the year, and copper is looking to recoup the bulk of the declines it suffered during the peak of the pandemic’s toll on the global economy. 1:14 p.m. June 27, 2020
Oil futures decline, with U.S. prices down over 3% for the week as spread of coronavirus looks to hurt demand recovery
Oil futures decline on Friday, as a record rise in coronavirus cases in the U.S. and growing infections in parts of the world point to long-term challenges for a recovery in crude-oil demand, pulling U.S. prices down by more than 3% for the week. 3:13 p.m. June 26, 2020
Gold futures finish higher, tally a gain for the week as COVID-19 spread spurs haven demand
Gold futures finish higher on Friday to score a gain for the week, as a rise in infections of COVID-19 raises the potential for another round of shutdowns, feeding haven demand for bullion. 2:17 p.m. June 26, 2020
Oil prices settle higher after 2-session drop, but demand worries persist on coronavirus flare-up
Oil prices settle higher on Thursday after posting two consecutive sessions of declines. Worries about accelerating cases of the coronavirus epidemic in parts of the world, however, continued to take a toll on expectations for demand for crude. 3:07 p.m. June 25, 2020
Gold prices end lower for a second session, but hold onto a week-to-date gain
Gold futures end lower on Thursday to tally a second loss in a row, as some strength in the U.S. dollar put weighed on dollar-denominated prices for the precious metal. 2:15 p.m. June 25, 2020
AAA expects cheapest summer gasoline prices since 2016
American drivers are likely to pay the cheapest summer cost for gasoline in four years, according to a forecast released by motorist and leisure travel group AAA on Thursday. 12:01 a.m. June 25, 2020
Oil prices drop over 5% on rise in coronavirus cases and a third straight weekly climb in U.S. supplies
Oil prices lost more than 5% on Wednesday as evidence of rising coronavirus cases in many countries raise questions about efforts to restart economies and U.S. government data reveal a third straight weekly climb in domestic crude inventories. 3:16 p.m. June 24, 2020
Gold marks first loss in 4 sessions as prices pull back from highest finish in nearly 8 years
Gold futures finish lower Wednesday, pulling back a day after their highest finish 2012, pressured as the U.S. dollar strengthened, but a retreat in equities amid reports of rising coronavirus cases in many U.S. states helps to limit losses for the precious metal. 1:55 p.m. June 24, 2020
Oil futures end lower as U.S.-China trade tensions, rise in COVID-19 cases feed demand uncertainty
Oil prices give up earlier gains to finish lower Tuesday, with conflicting U.S. government statements on the status of U.S.-China trade deal and a rise in COVID-19 cases feeding uncertainty over the outlook for energy demand. 3:11 p.m. June 23, 2020
Gold prices climb to highest finish since 2012 on softer dollar, trade jitters
Gold futures climb to their highest settlement in more than seven years Tuesday as low interest rates, U.S.-China trade tensions, and a weakening U.S. dollar provide a runway higher for bullion. 2:11 p.m. June 23, 2020
Oil ends higher as long-term demand outlook improves, but rise in global coronavirus cases limits gains
Oil prices ended higher on Monday, marking the expiration of the July contract for U.S. benchmark crude futures, as an improvement in the longer-term outlook prompted one major investment bank to raise its price targets for the commodity. But a rise in cases of COVID-19 is dulling near-term prospects for energy demand, keeping a lid on price gains. 3:19 p.m. June 22, 2020
Gold futures climb to highest finish since mid-April as cases of COVID-19 rise
Gold futures climb on Monday to their highest finish in nearly 10 weeks, as investors closely watch infections across the world pick up, with South Korea declaring a second wave of the deadly pandemic and the World Health Organization announcing the largest single-day increase of cases on Sunday. 2:20 p.m. June 22, 2020
Why gasoline is set to lead a bumpy rebound in transportation fuels
Demand and prices for transportation fuels took a hit when it became apparent that Covid-19 would slow down travel, but gasoline, diesel, and jet fuel are set to establish their own paths toward recovery. 3:19 p.m. June 19, 2020
Goldman raises 12-month gold forecast by 11% to $2,000 an ounce
Gold prices are likely to reach $2,000 an ounce in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed markets emerge from COVID-19 lockdowns, lifting risk-on sentiment, according to a note Friday from Goldman Sachs. 3:15 p.m. June 19, 2020
Oil tallies a nearly 10% weekly gain as OPEC+ tightens reins on output cuts, global demand outlook improves
Oil futures settled higher Friday for the day, with U.S. prices up nearly 10% for the week as OPEC members and allies tightened the reins on output cuts and some signs of improvement in the outlook for the global economy brighten the outlook for energy demand. 3:13 p.m. June 19, 2020
Gold ends higher to tally a second straight weekly gain
Gold futures end higher on Friday, building a gain for a second week in a row, with haven demand for the precious metal getting a boost as investors grow wary of the rise in COVID-19 cases in China and the U.S., even as stock benchmarks gain for the week. 2:11 p.m. June 19, 2020
Oil prices finish higher as OPEC+ looks to make up for missed output-cut targets
Crude-oil prices finish higher on Thursday after major producers at an OPEC-led meeting of the Joint Ministerial Monitoring Committee, or JMMC, stressed the importance of full compliance with pledged production cuts and made moves to ensure that certain countries make up for failing to fully meet their reduction targets last month. 3:08 p.m. June 18, 2020
Gold prices end lower, building a week-to-date loss
Gold futures decline on Thursday, contributing to a loss in prices on the week to date. 2:04 p.m. June 18, 2020
Oil prices finish lower as U.S. crude supplies edge higher, but product stocks decline
Oil futures end lower on Wednesday, but off the day’s lows as the U.S. government reported that domestic crude supplies edged higher in the latest week, while oil stockpiles at the nation’s storage hub and inventories of gasoline and distillates declined. 3:08 p.m. June 17, 2020
Gold ends with a loss as the U.S. dollar strengthens, global stocks rise
Gold prices retreat on Wednesday to post a modest loss as the dollar strengthens and stocks across the globe mostly advanced, suggesting some waning appetite for bullion. 1:59 p.m. June 17, 2020
