EN
Contact Us: info@spmarkets.com
Oil Inventories Rise by 2M Barrels Last Week: API

Oil Inventories Rise by 2M Barrels Last Week: API

U.S. crude stockpiles crude inventories rose by 2 million barrels last week, according to an estimate released Tuesday by the American Petroleum Institute.
Gold Back Below $1,800, But Virus Limits Downside

Gold Back Below $1,800, But Virus Limits Downside

Gold fell back swiftly on Wednesday after investors booked profits on its rally to $1,800 an ounce, but backers of the safe haven said they did not expect it to fall too much in the near future owing to the resurgence in COVID-19 cases.
Oil Futures Advance as Signs of Economic Recovery Offset Virus

Oil Futures Advance as Signs of Economic Recovery Offset Virus

Oil rebounded from a weekly loss as better-than-estimated economic data countered fears that Covid-19’s resurgence will crimp fuel demand.
Gold Pauses After 8-Year High in Bullion as Dollar Rises

Gold Pauses After 8-Year High in Bullion as Dollar Rises

Gold paused in its advance toward the $1,800-an-ounce target on Wednesday as the dollar’s unexpected rally weighed on the safe-haven, despite a risk-off mood across markets reacting to new Covid-19 fears and a grim world economic outlook from the IMF.
Oil Inventories Rose by 3.9M Barrels Last Week: API

Oil Inventories Rose by 3.9M Barrels Last Week: API

U.S. crude stockpiles rose last week, according to an estimate released Tuesday by the American Petroleum Institute.
Oil Holds Losses as Saudis Call Time on Additional Output Cuts

Oil Holds Losses as Saudis Call Time on Additional Output Cuts

Oil held declines in Asia after top producer Saudi Arabia said that it would end its extra voluntary production cuts after June.