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COMMERZBANK S WEINBERG
Oil holds near $67, heads for weekly gain on demand hopesBrent crude was down 8 cents, or 0.1%, at $66.86 a barrel at 1340 GMT. It was heading for a weekly gain of 6.2% after rising in the past fo...- Oil holds near year-long highs as Covid lockdowns seen easingBrent crude was up 7 cents, or 0.1%, at $65.31 a barrel by 1505 GMT, still close to its highest levels since January 2020. US crude fell 14...
- Oil falls on coronavirus fears, strong dollarBrent crude was down 16 cents, or 0.3%, at $54.94 per barrel at 1445 GMT, and West Texas Intermediate U.S. crude fell 10 cents, or 0.2%, to...
- Gold recovers as US stimulus hopes buoy appealSpot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec. 2. U.S. gold fu...
- Oil hits 11-month high near $57 as Saudi supply cut supportsBrent crude was up 59 cents, or 1.1%, at $56.25 a barrel by 1440 GMT after touching its highest since last February at $56.75. U.S. West Te...
- Oil falls on renewed lockdowns, stronger dollarBrent was down 57 cents, or 1%, at $55.42 a barrel at 1205 GMT, after falling $1 to a session low of $54.99 earlier.
- Oil above $42 as possible OPEC+ cut extension offsets demand concernSeveral U.S. states reported record daily increases in infections on Thursday, while France extended curfews for about two thirds of its po...
- Gold falls as US-China trade optimism lifts risk sentimentSpot gold fell 0.6% to $1,920.38 per ounce by 10:47 am EDT (1447 GMT). US gold futures dipped 0.5% to $1,929.00.
- Gold slips as risk sentiment improvesSpot gold fell 0.3 per cent to $1,926.06 per ounce by 1144 GMT. U.S. gold futures were down 0.2 per cent to $1,936.10 per ounce.
- Gold prices gain 1% as Wall Street rally fizzles, dollar dipsUS gold futures were up 0.4 per cent at $1,710.90.
- Oil climbs to level last seen after Saudi Attacks in September“The hope is that a trade deal will translate into more demand.”
- The glut strikes back as oil returns to brink of bear marketOil is poised for a drop of 20% since early June. While excess crude production is abating, inventories around the world are brimming.
- Oil market deja vu triggers predictions of a return to $30Oil’s climb above $45 a barrel is reassuring influential figures from BP to the IEA that the industry is finally recovering from the worst ...
- Iran supports capping oil production, stays mum on output curbs“Any agreement will still be contingent on Iran being able to increase market share or increase production from current levels,” said Harry...
- Gold set to rebound from five-year low after Paris attacksGold futures closed at $1,080.90 an ounce last week, the lowest close since February 2010.
- Nickel hits near seven-month low amid concern of a stalled demand growth in China and EuropeNickel fell to the lowest since March in London amid lingering concern that demand growth may stall in China and in Europe as economies wea...
- Oil falls on fears of Moody's European Union rating reviewOil fell, extending last week’s decline on concern the debt crisis may spread and as Moody’s said it will review ratings for countries.
- Oil prices lifted by US fuel demandOil advanced for a second day in New York on speculation the Federal Reserve will bolster efforts to stimulate the economy.
- Oil falls below $76 on high US stocksOil prices fell for a third day to beneath $76 a barrel on Thursday after a jump in US crude oil inventories outweighed the Federal Reserve...
- Dollar could strengthen, gold may head south: Weinberg, CommerzbankET Now spoke to Eugen Weinberg about gold prices and how Fed’s meeting today could impact both the dollar and gold
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