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  • Oil Slips on Recession Fears, Eyes Positive Week as Supply Tightens

    Oil Slips on Recession Fears, Eyes Positive Week as Supply Tightens0

    Oil prices fell on Friday after a warning on economic growth from the Federal Reserve, but were still set to end the week higher on positive signals from China and on the prospect of tightening supply in the coming months London-traded Brent Oil Futures, the global benchmark, fell 0.3% to $92.45 a barrel, while West

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  • Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains

    Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains0

    • Gold
    • October 19, 2022

    Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a

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  • Oil prices rise on supply woes

    Oil prices rise on supply woes0

    Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China Brent crude futures rose 73 cents, or 0.8%, to $90.76 a barrel by 0100 GMT. U.S.

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