U.S. oil prices log first gain in 5 sessions, but post a third straight weekly loss
Oil futures on Friday post their first gain in five sessions, but log a more than 7% loss for the week.
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Oil futures on Friday post their first gain in five sessions, but log a more than 7% loss for the week.
Gold prices settled lower on Friday, a day after marking their highest settlement level since August 2020, as a strong April U.S. jobs report fueled fresh doubt that the Federal Reserve will pause interest-rate hikes.
Retail gasoline and diesel prices have declined in recent weeks, and while that’s good news for consumers, diesel’s more rapid descent offers a warning sign when it comes to the economic outlook.
Oil futures finish on a mixed note Thursday, with U.S. prices down a fourth straight session and global benchmark crude posting a modest gain as recession worries continue to cloud the outlook for energy demand.
Gold futures mark their highest settlement since August 2020 on Thursday while flirting with a new record, and silver prices finish the session at their highest in more than a year.
Ticker | Name | Last | Chg | Chg % | |
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CL00 | Crude Oil Continuous Contract |
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GC00 | Gold Continuous Contract |
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SI00 | Silver Continuous Contract |
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NG00 | Natural Gas Continuous Contract |
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RB00 | RBOB Gasoline Continuous Contract |
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HG00 | Copper Continuous Contract |
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C00 | Corn Continuous Contract |
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W00 | Wheat Continuous Contract |
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Silver prices last month climbed to their highest in a year, with room to move higher as the global market for the metal this year looks to post its second largest supply deficit in 20 years.
Oil futures fall sharply Wednesday, pulling global benchmark crude to its lowest settlement in more than 16 months and U.S. crude prices below $70 a barrel to their lowest finish since March.
Gold prices finish with a gain on Wednesday for a second straight session, and were moving slightly lower in electronic trading shortly after the Federal Reserve's decision to lift interest rates.
Oil futures settle at their lowest since late March as investors focused on economic worries a day before the Federal Reserve policy decision.
Gold prices climbed above $2,000 an ounce on Tuesday to settle at their highest since mid-April as banking-sector worries lift haven demand for the metal ahead of Wednesday's Federal Reserve policy decision.
Gold futures in April struggled to get past the key $2,000-an-ounce mark, but the precious metal is getting renewed attention from investors as banking stress, recession and other risks are in focus.
Oil futures settle with a loss, pressured by continued worries about the outlook for global growth after data on China manufacturing activity underwhelmed.
Gold futures give up early gains on Monday to end lower, pressured by strength in the U.S. dollar ahead of the Fed's policy decision this week.
Oil futures finish sharply higher on Friday, prompting U.S. prices to turn higher for the month of April, buoyed by expectations for tighter supplies and speculation over a potential rescue for troubled First Republic Bank.
Gold futures end just below the $2,000 an ounce mark on Friday, gaining a few cents for the session to end higher for the week and the month of April.