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Oil prices fall again, on track for biggest weekly drop in over 4 years

Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand......»»

Category: topSource: reutersFeb 27th, 2020

Commodities Corner: Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if the global economy continues to recover and the pandemic moves closer to an end......»»

Category: topSource: marketwatchApr 9th, 2021

Bond Report: U.S. government bonds just staged epic yield climbs.What’s next?

U.S. Treasury yields see a steady rise in rates ignite into a surge Thursday, putting government debt across the curve on track to mark the biggest weekly yield moves in months and their sharpest monthly moves in four years......»»

Category: topSource: marketwatchFeb 25th, 2021

WTI Dips After Biggest Gasoline Build Since April

WTI Dips After Biggest Gasoline Build Since April Oil prices rose for the seventh straight day today (longest streak in two years), with a weak dollar helping bail out an early drop in .....»»

Category: worldSource: nytFeb 9th, 2021

Bitcoin on track for biggest weekly fall since September as Janet Yellen and "double spend" report spook speculators

The bitcoin price was on track for a sharp weekly fall on Friday after c.....»»

Category: dealsSource: nytJan 23rd, 2021

Bitcoin heads for worst weekly loss in months

It has lost 11% so far this week, the biggest drop since a 12% fall in September.....»»

Category: topSource: foxnewsJan 22nd, 2021

Metals Stocks: Gold prices drop, look to mark first finish this year below $1,900

Gold futures on Friday fall sharply, looking to log their first finish below $1,900 an ounce this year as yields for U.S. government bond extended a weekly climb, eroding some appetite for bullion which competes against haven sovereign debt for buyers......»»

Category: topSource: marketwatchJan 8th, 2021

Futures Movers: Oil prices rise 2% as EIA shows weekly fall in crude stockpiles; Brexit deal seen near

Crude-oil futures take a sharper leg higher Wednesday morning after a report from the Energy Information Administration showed a drop in U.S. crude inventories......»»

Category: topSource: marketwatchDec 23rd, 2020

U.S. import prices fall in April led by record drop in cost of imported fuel

U.S. import prices fell 2.6% in April, the largest decline in more than five years, the Labor Department said Thursday. The decline was led.....»»

Category: topSource: marketwatchMay 14th, 2020

U.S. producer prices post biggest drop since 2009

U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster some economists' predictions for a brief period of deflation as the novel coronavirus depresses demand......»»

Category: topSource: reutersMay 13th, 2020

NewsWatch: U.S. wholesale inflation sinks in February on lower oil prices as coronavirus hinders travel

The wholesale cost of U.S. goods and services posted the biggest decline in February in five years, reflecting a large drop in oil prices likely tied to disruptions in global travel due to the coronavirus. The producer price index sank 0.6% last month......»»

Category: topSource: marketwatchMay 13th, 2020

Futures Movers: Oil futures head for a third straight gain, with U.S. prices on track for a more than 30% weekly drop

Oil futures on Friday head higher for a third s.....»»

Category: topSource: marketwatchApr 24th, 2020

Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report

Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»

Category: topSource: marketwatchApr 23rd, 2020

Futures Movers: Oil prices rebound from 21-year low; U.S. gasoline stocks fall less than expected

Oil trades sharply higher on Wednesday, rebounding from a drop to a 21-year low, as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Oil prices fall after U.S. sees record crude storage build

Oil prices sank on Wednesday after the United States reported its biggest weekly build of crude oil inventories on record, while forecasts showed global demand crumbling to its worst levels in a quarter of a century......»»

Category: topSource: reutersApr 15th, 2020

Economic Report: Oil price war spurs biggest drop in import prices in three years and slams U.S. energy industry - and that was before COVID-19

A price war between Russ.....»»

Category: topSource: marketwatchApr 14th, 2020

Oil rises on forecast U.S. output drop as coronavirus ravages demand

Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers......»»

Category: topSource: reutersApr 14th, 2020

Consumer prices fall most in five years as gasoline plunges

Consumer prices fell 0.4% in March, the largest monthly drop since 2015, as Americans stopped traveling and airfares and hotel costs fell......»»

Category: topSource: moneycentralApr 10th, 2020

Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks

Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic......»»

Category: topSource: reutersApr 1st, 2020

Oil prices fall, but end off session lows

Oil futures fell on Wednesday on the heels a 10th straight weekly rise in U.S. crude supplies and ongoing worries about a drop in energy demand. Prices, however, pared much of their earlier losses amid.....»»

Category: topSource: marketwatchApr 1st, 2020

Futures Movers: Oil prices fall as plunge in global demand sets prices up for a 5th straight weekly drop

Oil futures trade lower Friday,with a huge drop in demand as result of the global COVID-19 pandemic setting prices up for their fifth weekly loss in a row......»»

Category: topSource: marketwatchMar 27th, 2020