Commodities

Oil Drops to Lowest Since November as U.S. Inventories Swell

Oil prices slipped on Wednesday to their lowest since late November, with Brent testing the $50 per barrel support, after data showed record high U.S. crude inventories rising faster than expected, raising doubts over the viability of OPEC-led output cuts.

Oil Drops to Lowest Since November as U.S. Inventories Swell

Oil prices slipped on Wednesday to their lowest since late November, with Brent testing the $50 per barrel support, after data showed record high U.S. crude inventories rising faster than expected, raising doubts over the viability of OPEC-led output cuts.

U.S. Supply Concerns Keep Oil Prices Under Pressure

Oil prices slipped on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to grapple with worries about growing U.S. oil output and high inventories.

Wall Street Dips on Policy Jitters

The S&P 500 fell on Monday as investors worried that President Donald Trump's plan to cut taxes and boost the economy could take longer than previously expected.

Oil Prices Steady, Outlook More Bearish

Oil prices were largely steady on Friday, finishing the week with modest gains, but speculators sharply cut long positions during last week's rout, on concerns that an OPEC production cut was failing to reduce a global supply overhang.

Gold Eyes First Weekly Gain in Three as Fed Hurts Dollar

Gold rose on Friday and was on course for its first weekly gain since February as the dollar hit a five-week low following the Federal Reserve's cautious message on interest rates, making bullion cheaper for holders of non-U.S. currencies.

Gold Eyes First Weekly Gain in Three as Fed Hurts Dollar

Gold rose on Friday and was on course for its first weekly gain since February as the dollar hit a five-week low following the Federal Reserve's cautious message on interest rates, making bullion cheaper for holders of non-U.S. currencies.

China markets buoyed by optimism over growth outlook

Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.

China markets buoyed by optimism over growth outlook

Chinese share benchmarks rose Monday on optimism about the economic outlook after the annual session of the National People's Congress opened in Beijing, while Tokyo's Nikkei 225 index drooped following North Korea's launch of missiles into seas near Japan.

Wall Street Higher as Fed Raises Rates

U.S. stocks were near session highs in afternoon trading on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.

Oil Rebounds as U.S. Crude Inventories Ease Off Record High

Oil prices on Wednesday climbed for the first time in more than a week on a surprise drawdown in U.S. crude inventories and data from the International Energy Agency (IEA) suggesting OPEC cuts could create a crude deficit in the first half of 2017.