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Oil Inventories Climbed by 13.1M Barrels Last Week - API

Oil Inventories Climbed by 13.1M Barrels Last Week - API

Oil inventories jumped again last week, the American Petroleum Institute reported Tuesday.
Gold Cools After 2012 High as Talk of Virus Fight Gains Steam

Gold Cools After 2012 High as Talk of Virus Fight Gains Steam

Having regained its mojo as safe haven of choice to break from weeks of range-bound trading, gold rocketed to 2012 highs on Tuesday, setting at mid-$1,700 highs before retreating on the notion that the U.S. was gaining momentum in its fight against the coronavirus.
Trump says he expects Saudi-Russia oil production deal in coming days

Trump says he expects Saudi-Russia oil production deal in coming days

U.S. President Donald Trump said on Wednesday he expected Saudi Arabia and Russia to reach a deal in the next few days on oil production to end a price war that has "ravaged" the oil industry worldwide.
Oil rises from 18-year lows after U.S., Russia agree to talks

Oil rises from 18-year lows after U.S., Russia agree to talks

Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilise energy markets, with benchmarks climbing off 18-year lows hit as the coronavirus outbreak cut fuel demand worldwide.
Gold Dips, Bowing to Dow, After Blistering Stimulus Rally

Gold Dips, Bowing to Dow, After Blistering Stimulus Rally

It’s probably going to continue rallying in the near term, but gold decided that Wednesday was Dow day.
Gold Extends Surge After Fed Unveils Measures to Support Economy

Gold Extends Surge After Fed Unveils Measures to Support Economy

Gold extended gains after the Federal Reserve took unprecedented measures to shore up the U.S. economy, which has been hit by the spread of the coronavirus.