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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Crude Oil WTI (NYM $/bbl) Front Month | |||
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Gold Continuous Contract | |||
E-Mini Nasdaq 100 Index Continuous Contract | |||
E-Mini Dow Continuous Contract | |||
E-Mini S&P 500 Future Continuous Contract | |||
Silver Continuous Contract |
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.
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Brent Crude Oil Continuous Contract | |||
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Crude Oil WTI (NYM $/bbl) Front Month | |||
Ethanol-Denatured Fuel Continuous Contract | |||
Heating Oil Continuous Contract | |||
Natural Gas Continuous Contract | |||
RBOB Gasoline Continuous Contract | |||
Copper Continuous Contract | |||
Gold Continuous Contract | |||
Palladium Continuous Contract | |||
Platinum Continuous Contract | |||
Silver Continuous Contract |
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Cocoa Continuous Contract | |||
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Coffee Continuous Contract | |||
Corn Continuous Contract | |||
Cotton Continuous Contract | |||
Lean Hogs Continuous Contract | |||
Live Cattle Continuous Contract | |||
Lumber Continuous Contract | |||
Soybean Oil Continuous Contract | |||
Wheat Continuous Contract | |||
Sugar#11 Continuous Contract |