Crude Oil (CL) News, Page 1

  • Crude Oil
    57.285
    -1.6450(-2.7900%)
    16:26:42(GMT)|Real-Time Data
    • Open
      N/A
    • Day's Range
      56.840 - 59.330
    • Class
      commodities
    • Bid/Ask
      57.270/57.300
    • Symbol
      CL
    • Subclass / Sector
      Energy
  • Gold Tuesday

    Precious Metals Gain As Geo-Political Issues Inspire Risk-Off Sentiment

    Gold prices edged higher on Tuesday as investors resorted to bargain-hunting after the precious metal fell to over one-month lows, weighed down by a stronger dollar. While a firmer greenback makes bullion expensive for holders of other currencies as the commodity is priced in dollars, it has been a while

  • stock market

    The EUR and the Pound Remain in the Spot Light as Geo-Political Risk Spikes

    Earlier in the Day:Economic data released through the Asian session this morning was on the lighter side once more, with key stats limited to October business confidence figures out of Australia.For the Aussie Dollar, October’s NAB Business Confidence Index stood at 4, easing by 2 points from September’s 6.The business

  • Markets

    Saudi Arabia Shocks Global Market, Tech Drags On EU, US Dollar Surges To New High

    Asia Mixed, Traders Wary Of Global Oil SupplyAsia markets closed mixed to end the first trading day of the week. The Shang Hai Composite led advancing issues with a gain near 1.25%, but most other indices in the region moved less than 0.20% at the end of Monday trading. The

  • Crude Oil

    Will Saudi’s Cut in Oil Exports in December Fuel Short-Covering Rally?

    Crude oil bears could be in for a surprise on the opening on Monday due to a shift in the fundamentals on Sunday. According to a report from Bloomberg, “Saudi Arabia signaled it will reduce oil exports by as much as half a million barrels a day in December, the

  • Brexit and Italy Put the Pound and the EUR in the Mix

    Earlier in the Day:Economic data released through the Asian session was on the lighter side this morning, with key stats limited to October electronic card sales figures out of New Zealand.For the Kiwi Dollar, electronic card sales rose by just 0.1% in October, falling well short of a forecasted 0.6%

  • gold usd

    Gold Hits One Month Low As Dollar Gains Amid Subdued Risk Appetite in Equity Markets

    The dollar is gaining strength after last week’s Fed meeting and positive U.S. economic data, which is weighing on non-yielding assets like gold.The greenback climbed near to 16-month peak earlier in the session, making bullion more expensive for holders of other currencies. The dollar index DXY, which measures the greenback

  • The week ahead

    The Week Ahead – Brexit, Italy, Trade and a Busy Economic Calendar in Focus

    On the MacroFor the Dollar, key stats through the week include October inflation figures on Wednesday, with retail sales, business inventories and Philly and NY State manufacturing PMI’s due out on Thursday, ahead of September industrial production figures on Friday. The inflation and retail sales figures will be the key

  • bull and bear market

    U.S. Stocks Finish Lower Friday, but Hold On to Weekly Gains

    The major U.S. stock indexes closed lower on Friday as concerns over a global economic slowdown encouraged investors who bought earlier in the week to trim positions and take profits ahead of the week-end. Nonetheless, the indexes still posted solid gains for the week with the bulk of the move

  • Gold Friday

    Precious Metals Decline For Sixth Consecutive Session on Strong US Greenback

    Gold prices fell to their lowest in a week earlier today and were set for their biggest weekly fall since August on a firmer dollar as the U.S. Federal Reserve indicated they will continue to raise interest rates, lowering demand for bullion. Gold is down about 1 percent for the

  • GBP/USD daily chart, September 27, 2018

    It’s All Eyes on GBP, with a Slew of Stats and Brexit in Focus

    Earlier in the Day:Economic data released through the Asian session this morning was on the lighter side, with key stats limited to September home loan figures out of Australia and October inflation figures out of China.Outside of the numbers, the RBA’s Statement on Monetary Policy was also released, following Tuesday’s

  • Federal Reserve Building

    How FOMC will Affect the Markets Today

    There was a positive reaction of the stocks on Wednesday, gaining momentum during the day. As a result, the U.S. main indices held an impressive rally with a growth rate of more than 2%.The dynamics of the American dollar was not a one-way street. Following the initial decline due to

  • Gold Bars and Dollar

    Precious Metals Move Downtrend as Risk Appetite Increased Post US Election Result

    Gold prices fell to their lowest in a week on Thursday as the dollar and stocks rose, while investors digested the U.S. midterm election results and turned their focus to the Federal Reserve’s monetary policy decision due later in the day.The yellow metal has taken a sharp bearish decline as

  • Fed

    China Exports Surge Ahead of the FED and a December Green Light

    Earlier in the Day:Economic data released through the Asian session this morning was on the heavier side, with key stats including September current account and machinery orders out of Japan that were released ahead of October trade figures out of China.Outside of the stats, the RBNZ delivered its monetary policy

  • stock market

    Dow Surges Nearly 400 Points, After Trump Calls for Bipartisan Cooperation on Economy

    After trading higher most of the session in reaction to the outcome of the U.S. mid-term elections, the major U.S. stock indexes soared at the mid-session after President Donald Trump indicated he is willing to work with Democrats on policy initiatives that would help the economy keep growing.The early buying

  • Gold

    Precious Metals Gain as Investors Turn Cautious Ahead of US Election Results

    Gold came off a one-week low to trade higher on Wednesday as investors sought cover from market volatility and uncertainty surrounding the fallout of U.S. mid-term elections results. The specter of a Democrat-controlled House suggests that we will see a little bit of risk-off in the market, which should probably

  • President Trump

    Mid-Terms Driving the USD and the Markets Early

    Earlier in the Day:Economic data released through the Asian session was limited to employment figures for the 3rd quarter and inflation numbers out of New Zealand, while the markets were broadly focused on the U.S mid-term elections, results rolling out through the session.For the Kiwi Dollar,3rd quarter employment rose by

  • Trump

    Will We See a Lame Duck After the US Election?

    The upcoming midterm elections have attracted the financial markets attention, as they can give an answer to the question of whether the American people will continue to support Donald Trump. A potential victory of the Democratic Party could seriously undermine the president’s initiatives. The President, who is severely restricted in

  • DT

    It’s the U.S Mid-Terms! Is Trump About to Lose his Mojo?

    Earlier in the Day:Economic data released through the Asian session was limited to household spending figures out of Japan, while on the monetary policy front, there was the RBA’s November monetary policy decision and release of its rate statement.For the Japanese Yen, household spending tumbled by 4.5%, month-on-month, in September,

  • Yellow Metal Gains Hawkish Momentum Over Cautious Investors Stance on Geo-Political Events

    Gold prices held steady on Monday as investors were cautious ahead of the U.S. congressional elections due on Tuesday which will determine whether the Republican or Democratic Party controls Congress. Traders don’t want to extend any risky bets because of the growing uncertainty around the elections. Opinion polls show strong

  • China and US

    China Stats Weigh Early as Focus Shifts to mid-Terms and the USD

    Earlier in the Day:Economic data released through the Asian session was on the lighter side this morning, with key stats limited to China’s October service sector PMI number, which has grown in significance as the Chinese government continues to drive the transition away from manufacturing.Outside of the stats, the Bank

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