Futures & Commodities

“What gold is telling you is that down the road, past June, they're looking for inflation,” says George Gero, managing director at RBC Global Wealth Management.

Weekly crude oil inventories rose by 19.2 million barrels, the most on record.

The historic oil production deal will remove 20 million barrels a day, more than double the 9.7 million that is being reported.

Total U.S. dairy demand has fallen by 12 percent to 15 percent since the COVID-19 outbreak, according to the Dairy Farmers of America.

The world's largest oil producers agreed to a historic production cut of almost 10 million barrels per day.

WTI crude oil fell after the historic agreement.

The apparent end to Mexico’s standoff would potentially cement a deal between OPEC producers and their allies that would reduce global crude oil output by 10 million barrels a day until July.

A lending program that the Fed announced Thursday is one of several measures the central bank has taken in recent weeks to protect the economy from a virtual shutdown ordered to help limit the spread of the viral disease.

WTI crude had plunged 60 percent from its Jan. 6 peak through Wednesday as the price war between Russia and Saudi Arabia exacerbated a supply glut while the COVID-19 pandemic crushed demand.

Many U.S. energy companies are fighting to stay afloat after an imbalance between oil supply and demand slashed 44 percent from the S&P 500 energy sector’s market value.

Russia and Saudi Arabia are set to hold a virtual meeting to discuss production cuts that President Trump has suggested could total 10 million barrels per day.

Oil prices surged on word OPEC and its allies will hold a virtual meeting on Monday.

WTI futures for May delivery fell 6.6 percent to $19.92 a barrel.

U.S. equity futures traded limit down Sunday evening as Congress continues to grapple over the details of a third COVID-19 stimulus package.

Coronavirus fears sent the Dow into a nosedive to the tune of about 3,000 points.

U.S. equity futures plunged after the Federal Reserve cut rates to near zero and announced a $700 billion asset-purchase program,

The trading floors will temporarily close at the end of business on Friday.

Middle Eastern stocks plunged on Sunday, with Kuwait falling the most, as the spread of coronavirus stoked fears that outbreak could hurt the global economy and oil prices.

The coronavirus is wreaking havoc on U.S. financial markets.

Oil declined for a third session, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.