Category: Gold and Commodities

Shares and Bonds Ride High After Soothing Eurozone Data

LONDON—Share markets pushed for a fifth straight day of gains on Friday and bonds headed for their best month since 2008, as a record monthly drop in the eurozone’s inflation rate raised investors’ expectations for similar U.S. data later in the day. With an action-packed first quarter also drawing to a close world stocks were…


Oil Dips, Set for Monthly Drop, Ahead of Key US Inflation Data

LONDON—Oil prices dipped on Friday, with benchmarks heading for their weakest monthly performances since November, ahead of key U.S. inflation data which could give clues on future interest rate moves and the strength of the dollar. Brent futures, which have risen nearly 5 percent this week, were down 63 cents, or 0.8 percent, at $78.64…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 30)

Benchmark U.S. crude oil for May delivery rose $1.40 to $74.37 a barrel Thursday. Brent crude for May delivery rose 99 cents to $79.27 a barrel. Wholesale gasoline for April delivery fell 1 cent to $2.66 a gallon. April heating oil fell 4 cents to $2.62 a gallon. May natural gas fell 8 cents to…


Oil Rises on US Crude Draw, Iraqi Supply Risks

LONDON—Oil prices rose on Thursday on a surprise drop in U.S. crude stockpiles and a halt in exports from Iraq’s Kurdistan region. Brent crude futures rose 40 cents, or 0.51 percent, to $78.68 a barrel at 0926 GMT, while West Texas Intermediate crude rose 52 cents, or 0.71 percent, to $73.49 a barrel. U.S. crude…


Stocks Firmer as Investors Bet Banking Crisis Is Behind Them

LONDON—A steadier tone in global stocks continued on Thursday as investors hoped the banking sector had turned a corner on its recent turmoil to help markets end the quarter on a positive note. The dollar and crude oil prices were stable, with calmer markets allowing investors to focus more on the economy, as Spanish inflation…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 29)

Benchmark U.S. crude oil for May delivery fell 23 cents to $72.97 a barrel Wednesday. Brent crude for May delivery fell 37 cents to $78.28 a barrel. Wholesale gasoline for April delivery fell 4 cents to $2.67 a gallon. April heating oil fell 11 cents to $2.66 a gallon. April natural gas fell 4 cents…


Shares Rise as Bank Support Emboldens Investors

LONDON—Global shares rose on Wednesday, as investors took heart from a greater degree of stability in the banking sector, but the sense of optimism wasn’t robust enough to severely knock safe-haven assets like bonds or gold. Meanwhile, shares in Asia rallied on Wednesday after Chinese conglomerate Alibaba’s plans to split into six units lifted tech…


Oil Gains for 3rd Day on Kurdish Supply Concern, Easing Banking Fears

LONDON—Oil rose for a third session on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supply and as easing fears of a global banking crisis supported risk sentiment in the wider markets. Crude exports of 450,000 barrels per day (bpd) from Iraq’s semi-autonomous northern Kurdistan region were halted on…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 28)

Benchmark U.S. crude oil for May delivery rose 39 cents to $73.20 a barrel Tuesday. Brent crude for May delivery rose 53 cents to $78.65 a barrel. Wholesale gasoline for April delivery rose 3 cents to $2.71 a gallon. April heating oil was unchanged at $2.77 a gallon. April natural gas fell 6 cents to…


Oil Extends Gains on Kurdish Supply Risks, Banking Relief

LONDON—Crude prices firmed on Tuesday, extending sharp gains from the previous session amid supply disruption risks from Iraqi Kurdistan and hopes that turmoil in banking is being contained. Brent crude futures gained 61 cents, 0.8 percent, to $78.73 a barrel by 1006 GMT. West Texas Intermediate U.S. crude was up 53 cents, or 0.7 percent,…