Commodities

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.

The US and EU are using natural gas to keep the pressure on Russia.

So far this season, Betty Allen Farms spent tens of thousands of dollars more on diesel than they’re used to.

Oil futures traded choppy Thursday morning.

Lawmakers are proposing ways to provide some relief at the pump as record-high gas prices hit drivers in the wallet.

Oil prices bounced back Tuesday night, erasing losses from the previous session, after U.S. crude supplies fell last week.

Oil prices were higher in early Asian trade, on reports that support for a European Union-wide ban on the purchase of Russian oil is growing inside the bloc.

Spot gold maintained gains Tuesday as traders questioned the expectation of rising interest rates against the metal’s appeal as a good value.

The Russia, Ukraine conflict is becoming a bigger headwind for the global economy as it recovers from the COVID-19 pandemic.

Gold prices were trading lower late Sunday night, with prices around $1,921 an ounce, various reports said.