Category Archives for Commodity

Oil Stockpiles Fall More Than Expected, Down 7.2M Barrels: EIA

Crude oil stockpiles fell by more than expected, according to the Energy Information Administration. Inventory¬†fell 7.2 million barrels for the week ending June 27 compared to a build of 1.4 million barrels the previous week.…

Gold settles with a loss to start July after the notching the highest finish since 2011

Gold futures settled with a loss on Wednesday after topping $1,800 and marking the highest finish since in nearly nine years a day earlier, as uncertainty about the economic recovery from the coronavirus pandemic underpinned…