Commodities

Oil prices gained Wednesday morning, rebounding from sharp losses in the previous session.

Gold was trading higher in early Asian trading, with concerns of elevated U.S. inflation driving demand for the safe-haven asset, DailyFX.com analyst Thomas Westwater said in a note.

Oil prices moved higher in early Asian trade, with weak crude production from OPEC supporting prices, Oanda market analyst Ed Moya said in a note.

Oil futures traded lower Thursday morning as traders weighed a larger-than-expected build in U.S. oil inventories against tightening global supply.

Oil prices added to gains Wednesday morning after climbing Tuesday night on worries about sliding output in sanctions-hit Russia, tightening supply after Moscow said talks to resolve its invasion of Ukraine had come to a dead end.

Lane Generational managing partner and founder Fred Lane stressed the importance of investing in "real assets" and explained why people are looking at gold as a safe haven.

Oil rose in early Asian trading Tuesday as doubts emerge about the prospects of a revived Iran nuclear deal in the near term.

Gold prices were steady in the early Asian session amid mixed developments.

Oil was lower in early Asian trading due to the possibility that China's COVID-19 lockdowns will crimp demand.

Gold was higher early Monday morning in Asia, trading at $1,948.73 an ounce.

Oil prices traded higher Friday morning as an announced planned release of 240 million barrels from emergency stocks offset some concerns over reduced supplies from Russia caused by western sanctions.

Oil prices bounced between gains and losses after falling more than 5% in the previous session.

Oil futures were trading higher Wednesday morning, clawing back from earlier losses.

Gold edged lower in early Asian trading Tuesday as expectations of further Fed rate rises weigh on the precious metal, Oanda said.

Gold was flat in early Asian trading on Monday, April 4, 2022.

The price of a gallon of gasoline continues to move lower after hitting a high two weeks ago.

Oil prices were choppy Friday ahead of a meeting of consuming nations to discuss a new release of emergency oil reserves alongside the release announced by the United States.

Oil prices fell more than $5 a barrel on Thursday as the United States is considering releasing up to 180 million barrels from its strategic petroleum reserve over several months to calm soaring prices.

Gold futures fell for a second straight session as the U.S. dollar strengthened and investors eyed developments in the Russia-Ukraine war.

Gold futures suffered a loss for the session Friday, but tallied a gain for the week, as traders eyed developments in the Russia-Ukraine war and an increasingly hawkish Federal Reserve.