Commodities

Gold prices touched a more than one-week high on Monday as fears of a protracted U.S.-China trade war, while poor economic data from the United States bolstered bets of a U.S. Federal Reserve rate cut. Gold Prices Spot gold edged 0.1% higher to $1,286.21 per ounce as of 0714 GMT. Earlier in…

Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week. Brent crude futures were at $68.65 per barrel at 0534 GMT, up 89 cents, or 1.3%, from their…

US oil prices climbing back above $64 a barrel. The situation in Libya escalated surprisingly quickly last week when the Libyan National Army, a formation affiliated with the eastern Libyan government, launched an attack on the UN-recognized cabinet in Tripoli. The attack followed a statement by LNA…

Oil prices slid on Thursday after data showed an unexpected rise in U.S. inventories. U.S. Crude Oil WTI Futures slid 0.3% to $59.23. International Brent Oil Futures were down 0.2% to $67.13. The U.S. Energy Information Administration (EIA) reported that U.S. crude stocks increased by 2.8…

Oil prices rose on Tuesday, pushed up by supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets from rising further. Brent crude oil futures were at $67.48 per barrel, up 27 cents, or 0.4 percent, from…