Futures
Oil prices get a boost from risks to global supplies
Oil futures finish higher Monday, lifted by supply concerns as Iraq reportedly plans to cut production and Libya sees disruptions to crude exports due to a pay dispute. 17 min ago3:09 p.m. Jan. 25, 2021
Gold down a third session as dollar firms ahead of the Fed meeting
Gold futures end lower on Monday, down a third straight session, as government bond yields pulled back and the U.S. dollar strengthened, ahead of a Federal Reserve meeting on monetary policy later this week. 2:19 p.m. Today2:19 p.m. Jan. 25, 2021
Oil prices decline as U.S. crude supplies rise, COVID-19 flare up dulls demand outlook
Oil futures decline on Friday, pulling U.S. prices lower for the week, after U.S. government data reveal an unexpected weekly rise in domestic crude supplies. A resurgence of COVID-19 infections in China and Southeast Asia also raises concerns about near-term oil demand. 3:07 p.m. Jan. 22, 2021
Gold prices settle lower, but tally their largest weekly gain since mid-December
Gold futures settle lower on Friday, but tally their largest weekly gain since mid-December. 2:21 p.m. Jan. 22, 2021
Lumber starts the year on the wrong foot, after a record year
Lumber prices more than doubled last year to touch a record high, but the rally has faded on the back of a rebound in supplies. With the value of the commodity down sharply in the new year, prospects for fresh records have dimmed. 1:03 p.m. Jan. 22, 2021
Oil prices end mixed ahead of Friday’s EIA data on U.S. crude inventories
Oil futures end on a mixed note Thursday, with global prices slightly higher, but U.S. prices modestly lower, as data from the American Petroleum Institute showed an unexpected rise in U.S. crude inventories, ahead of the U.S. government's supply report due Friday. 3:10 p.m. Jan. 21, 2021
Gold prices mark modest retreat from a nearly two-week high
Gold futures ease back on Thursday, logging a modest retreat a day after settling at their highest in nearly two weeks. 2:11 p.m. Jan. 21, 2021
Here’s what Biden’s early actions mean for oil’s outlook
Democrat Joe Biden took his place as president of the United States on Wednesday and promptly took actions that may have a long-term impact on oil prices and also show a vastly different approach to the energy market than his predecessor. 1:57 p.m. Jan. 21, 2021
Oil prices rise for 2nd session in a row as President Biden takes office
Oil futures end higher Wednesday for a second straight session, as traders penciled in expectations for aggressive pandemic aid spending by the Biden administration. 3:15 p.m. Jan. 20, 2021
Gold ends at a nearly 2-week high on talk of further U.S. fiscal stimulus
Gold futures climb on Wednesday, notching their highest finish in nearly two weeks, as expectations for further fiscal stimulus measures under the Biden administration pressured the U.S. dollar, boosting prices for the dollar-denominated precious metal. 2:03 p.m. Jan. 20, 2021
Oil prices settle higher on stimulus hopes, weaker dollar
Oil futures settle higher Tuesday, taking a cue from rallying equity markets and a weaker dollar as traders shake off a cut in the International Energy Agency's forecast for 2021 crude demand. 3:12 p.m. Jan. 19, 2021
Gold bounces back from lowest close since early December as dollar slips
Gold futures end higher Tuesday, clawing back from losses last week that drove prices to their lowest settlement in seven weeks. 2:10 p.m. Jan. 19, 2021
Oil settles lower as China lockdowns temper ‘euphoria’
Oil futures finish sharply lower Friday, prompting U.S. benchmark prices to pare their gain for the week, as investors weigh fresh COVID-19 outbreaks in China. 3:14 p.m. Jan. 15, 2021
Gold prices decline to post a loss for the week as U.S. dollar firms
Gold futures slid Friday, ending lower for the week, as the U.S. dollar strengthened and investors parse President-elect Joe Biden's $1.9 trillion COVID-19 relief plan announced late Thursday. 2:31 p.m. Jan. 15, 2021
Oil books gains, with U.S. prices closing at their highest in 11 months
Oil futures rose Thursday, with U.S. benchmark prices closing at their highest since February of last year, buoyed by the continuing COVID-19 vaccine rollout and expectations that the Biden administration's stimulus package will help improve demand for crude. 3:22 p.m. Jan. 14, 2021
Gold prices end lower on rise in U.S. bond yields, risk-on sentiment
Gold futures finish with a modest loss on Thursday, as the recent rise in U.S. bond yields and a firmer dollar, as well as strength in the stock market created some headwinds for bullion buying. 2:22 p.m. Jan. 14, 2021
Oil snaps 6-day winning streak as U.S. dollar rises, product inventories build
Oil futures end a choppy session lower, snapping a six-day winning streak for the U.S. benchmark, after the dollar gains ground and inventories of gasoline and distillates rise more than expected. 3:17 p.m. Jan. 13, 2021
Gold prices end higher as investors watch Trump impeachment vote
Futures for gold on Wednesday finish higher after a report on U.S. inflation and as investors monitor a House vote on impeaching President Donald Trump, for a second time, days before he is set to relinquish power to President-elect Joe Biden on Jan. 20. 2:47 p.m. Jan. 13, 2021
Oil ends higher as dollar sees renewed weakness
Oil futures finish higher Tuesday, with the U.S. and global benchmarks ending at nearly 11-month highs, after the U.S. dollar came under renewed pressure. 3:26 p.m. Jan. 12, 2021
Gold ends lower as buyers point to $1,800 as key price to watch
Gold futures finish in negative territory Tuesday, relinquishing early gains in a lackluster session that extends a weeklong weakening trend for precious metals, as investors wager on the prospect of further fiscal stimulus to reflate the economy. 2:44 p.m. Jan. 12, 2021
Oil erases loss to end near unchanged
Oil futures erase an early loss, with the U.S. benchmark eking out a tiny gain to close at a 10-month high as pressure from a rising dollar and worries over a COVID-related hit to demand was overshadowed by optimism over prospects for near-term exports. 4:10 p.m. Jan. 11, 2021
Gold prices log gain to start week, even as dollar stages mini rebound
Gold prices settle modestly higher Monday, as investors opportunistically buy gold after a withering downturn Friday. The solid gain for bullion comes despite a recently buoyant dollar, which likely capped the upside moves for metals on the day. 2:32 p.m. Jan. 11, 2021
Oil prices climb by roughly 8% for the week after Saudi output cut
Oil futures rise Friday, with prices up by roughly 8% for the week in large part to Saudi Arabia's recent decision to unilaterally cut crude output. 3:22 p.m. Jan. 8, 2021
Gold prices drop over 4% for biggest one-day loss since November
Gold futures fall by more than 4% Friday to log their biggest one-day loss since early November as yields for U.S. government bond extended a weekly climb, eroding appetite for bullion which competes against haven sovereign debt for buyers. 2:38 p.m. Jan. 8, 2021
Here’s what’s in store for industrial metals, after the 2020 rally for steel, iron ore and copper
Industrial metals have extended their 2020 rally into the new year, with finished steel prices trading near a record, iron ore, a feedstock for steel, holding ground near a nine-year high, and prices for copper at their highest since 2013. The gains are likely to extend through the first quarter, but prospects for some of the metals further out look brighter than others. 1:49 p.m. Jan. 8, 2021
Palladium eyes fresh record highs in 2021 with travel set to climb
Palladium tallied a fifth straight year of gains in 2020—and the rally shows no signs of letting up. Greater restrictions on air pollution and a likely rise in travel is expected to boost demand for the metal, which is used in automotive parts. 11:54 a.m. Jan. 8, 2021
Oil posts a third straight gain as U.S. crude supply drop, Saudi output cut provide tailwind
Oil futures rise Thursday to post a third straight gain, buoyed byrecent data showed a larger-than-expected weekly drop in U.S. crude inventories. 3:12 p.m. Jan. 7, 2021
Gold scores partial rebound a day after bond yield rise pressured prices
Gold futures scores a partial rebound on Thursday, day after rising U.S. bond yields prompted the metal, which doesn't offer a coupon, to post its first loss in six sessions. 1:51 p.m. Jan. 7, 2021
U.S. oil prices end above $50 as weekly U.S. crude supplies drop by 8 million barrels
Oil futures climb Wednesday, with U.S. prices ending above $50 a barrel for the first time in 11 months, as weekly U.S. crude supplies dropped by 8 million barrels, down a fourth straight week. Prices also continue to find support from Saudi Arabia's unilateral production cut. 4:42 p.m. Jan. 6, 2021
Gold prices drop as U.S. 10-year note hits 9-month high around 1%
Gold futures drop on Wednesday, with prices down by more than 2%, as a jump in U.S. bond yields undercuts the competitive advantage of owning risk-free Treasuries over bullion. 2:10 p.m. Jan. 6, 2021
