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Futures Movers: Oil prices climb on stimulus hopes, weaker dollar

Oil futures gain ground Tuesday, taking a cue from rallying equity markets and a weaker dollar as traders shake off a cut in the International Energy Agency's forecast for 2021 crude demand......»»

Category: topSource: marketwatchJan 19th, 2021

Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb

Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Metals Stocks: Gold prices rise over 2% to retake $1,700 as BofA forecasts the metal will surge to $3,000

Gold futures climb on Wednesday as weakness in the U.S. dollar and nagging concerns about the global economy, supported a rally in the precious metal, a day after prices settled at a nearly two-week low......»»

Category: topSource: marketwatchApr 22nd, 2020

Futures Movers: Oil prices climb by more than 2% after U.S. airstrike kills Iranian military commander

Oil futures rally, briefly lifting U.S. prices to their highest in eight months, after a U.S. airstrike kills a top Iranian military commander, prompting Tehran to vow revenge......»»

Category: topSource: marketwatchJan 3rd, 2020

Futures Movers: U.S. oil prices inch higher as Gulf of Mexico storm intensifies, threatens offshore output

U.S. oil futures inch higher on Thursday, keeping alive a rally that is so far the longest streak of gains since February, with prices finding support on the back of short-term production cuts as Tropical Storm Barry formed in the Gulf of Mexico......»»

Category: topSource: marketwatchJul 11th, 2019

Futures Movers: Oil prices extend streak of gains as Gulf of Mexico storm looms

Oil futures gained anew Thursday, keeping alive a rally that is so far the longest streak of gains since February, with prices lifted on the short-term production implications from a Gulf of Mexico storm......»»

Category: topSource: marketwatchJul 11th, 2019

Futures Movers: U.S. oil, gasoline futures post highest settlements in 5 weeks

U.S. oil prices climb sharply Wednesday after the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks, while gasoline futures rally by 5% on news a planned refinery closure......»»

Category: topSource: marketwatchJun 26th, 2019

Futures Movers: Oil prices rally as weekly U.S. crude inventory drops by almost 13 million barrels

Oil prices climb sharply on Wednesday, as the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks, reportedly the largest since 2016......»»

Category: topSource: marketwatchJun 26th, 2019

Futures Movers: Oil climbs as Strait of Hormuz stays in focus, but weaker demand prospects push prices lower for the week

Crude oil futures climb on Friday, a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of oil. Despite a rally on Thursday, however, prices face losses for the week......»»

Category: topSource: marketwatchJun 14th, 2019

Futures Movers: U.S. oil prices rally above $70 as tropical storm Gordon raises supply disruption fears

Oil futures climb early Tuesday in New York, driving U.S. prices above $70 a barrel, amid a looming tropical storm in the Gulf of Mexico and concerns about risks to Iranian supply from U.S. economic sanctions......»»

Category: topSource: marketwatchSep 4th, 2018

Futures Movers: Oil prices churn as U.S. inventory climb expected

Oil prices drifted between narrow gains and losses early Wednesday, supported by a weaker dollar but limited by fresh evidence that U.S. supplies continue to build......»»

Category: topSource: marketwatchNov 28th, 2018

Futures Movers: Oil higher, taking cue from stock market as dollar weakens

Oil futures trade higher Monday, with crude taking a cue from a positive tone for equities and a softer U.S. dollar, though traders continue to keep an eye on talks aimed at reviving a nuclear deal that could see Iran resume crude exports......»»

Category: topSource: marketwatchMay 24th, 2021

Metals Stocks: Gold prices resume climb toward resistance at $1,900 as dollar, yields hold steady

Gold futures on Monday climb, attempting to test a resistance level at around $1,900, as a subdued U.S. dollar and Treasury yields lends some support to bullion buying......»»

Category: topSource: marketwatchMay 24th, 2021

Futures Movers: Oil prices post highest finish in over 2 years on demand optimism

Oil futures climb on Monday to post their highest finish in more than two years, as signs of a demand recovery in the U.S. and Europe feed optimism over the outlook for energy demand, despite a round of weaker-than-expected economic data from China......»»

Category: topSource: marketwatchMay 17th, 2021

Metals Stocks: Gold prices jump to start May trade amid subdued dollar, bond yields

Gold futures climb sharply on Monday as weakness in the dollar and subdued yields for government bonds help to revive some buying in bullion after a weekly drop skid notched on Friday......»»

Category: topSource: marketwatchMay 3rd, 2021

Metals Stocks: Gold prices rise Thursday morning as benchmark U.S. Treasury yield slips to 1.60%

Gold futures on Thursday climb as benchmark U.S. bond yields pull back and as the dollar sees subdued action in early trade......»»

Category: topSource: marketwatchApr 15th, 2021

Futures Movers: Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices head lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories......»»

Category: topSource: marketwatchApr 7th, 2021

Futures Movers: Oil prices end lower as U.S. supply climbs a 4th week and after IEA deems supercycle unlikely

Oil futures end lower on Wednesday, after the U.S. government reported a fourth consecutive weekly climb in domestic crude inventories and International Energy Agency deemed a “supercycle” for the commodity unlikely......»»

Category: topSource: marketwatchMar 17th, 2021

Gold futures up a 4th session; platinum, copper rally to multiyear highs

Gold futures posted a fourth straight session climb on Wednesday, finding support from weakness in the U.S. dollar and expectations for another U.S. stimulus package, which also raised hopes for an economic recovery, bo.....»»

Category: topSource: marketwatchFeb 10th, 2021

Futures Movers: Brent oil ends above $60 a barrel for the first time in over a year

Oil prices climb on Monday, with the global benchmark Brent settling above the $60 mark for the first time since January 2020......»»

Category: topSource: marketwatchFeb 8th, 2021