Category: Gold and Commodities

Stock Market Today: Global Shares Mostly Rise Despite Worries About US Debt Talks

TOKYO—Global shares mostly drifted higher Monday as investors fretted over whether the United States government will be able to reach a deal to avoid a federal default. France’s CAC 40 inched down less than 0.1 percent in early trading to 7,489.72, while Germany’s DAX slipped 0.1 percent to 16,261.45. Britain’s FTSE 100 gained 0.3 percent…


Closing Prices for Crude Oil, Gold, and Other Commodities (May 19)

Benchmark U.S. crude oil for June delivery fell 31 cents to $71.55 a barrel Friday. Brent crude for July delivery fell 28 cents to $75.58 a barrel. Wholesale gasoline for June delivery rose 1 cent to $2.58 a gallon. June heating oil fell 4 cents to $2.36 a gallon. June natural gas was unchanged at…


Oil Rebounds on Fading Risk of US Debt Default

LONDON—Oil prices rebounded on Friday from losses of more than 1 percent the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt default. Brent futures rose 69 cents, or 0.9 percent, to $76.55 a barrel by 0923 GMT, while West Texas Intermediate U.S. crude climbed 56 cents, or 0.8…


Stocks Lifted to Month High by US Debt Ceiling Hopes

LONDON/SINGAPORE—Global shares hit a one-month high on Friday as markets reflected increased hopes of a U.S. debt ceiling deal that could avoid a potentially calamitous default. Europe’s STOXX 600 was up 0.7 percent, while e-mini futures for the S&P 500 rose 0.2 percent, following a 0.9 percent gain for the benchmark Wall Street index overnight….


Closing Prices for Crude Oil, Gold, and Other Commodities (May 18)

Benchmark U.S. crude oil for June delivery fell 97 cents to $71.86 a barrel Thursday. Brent crude for July delivery fell $1.10 to $75.86 a barrel. Wholesale gasoline for June delivery was unchanged at $2.57 a gallon. June heating oil fell 2 cents to $2.40 a gallon. June natural gas rose 22 cents to $2.59…


Oil Prices Ease as All Eyes on US Debt Ceiling Talks

LONDON—Oil prices eased on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling, after surging in the previous session on optimism over U.S. fuel demand. Brent crude futures dipped 37 cents, or 0.5 percent, to $76.59 a barrel as of 0841 GMT. U.S. West Texas Intermediate crude…


Stock Market Today: Global Stocks, Wall Street Futures Rise on Hopes for US Debt Deal

BEIJING—Global stock markets and Wall Street futures rose Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. London and Paris opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices edged lower. “Markets are now fully pricing an in-time resolution of the crisis,” said Clifford Bennett…


Russia Agrees to Extend Ukraine Grain Deal in a Boost for Global Food Security

ANKARA, Turkey—Russia agreed to a two-month extension of a deal that has allowed Ukraine to ship grain through the Black Sea to parts of the world struggling with hunger, Turkish President Recep Tayyip Erdogan announced Wednesday, a boost to global food security after the war drove up prices. Turkey and the U.N. brokered the breakthrough…


Closing Prices for Crude Oil, Gold, and Other Commodities (May 17)

Benchmark U.S. crude oil for June delivery rose $1.97 to $72.83 a barrel Wednesday. Brent crude for July delivery rose $2.05 to $76.96 a barrel. Wholesale gasoline for June delivery rose 9 cents $2.57 a gallon. June heating oil rose 6 cents to $2.42 a gallon. June natural gas fell 1 cent to $2.37 per…


Closing Prices for Crude Oil, Gold, and Other Commodities (May 16)

Benchmark U.S. crude oil for June delivery fell 25 cents to $70.86 a barrel Tuesday. Brent crude for July delivery fell 32 cents to $74.91 a barrel. Wholesale gasoline for June delivery rose 1 cent $2.48 a gallon. June heating oil fell 2 cents to $2.36 a gallon. June natural gas was unchanged at $2.38…