US Heating Oil Prices Drop to Six-Month Low Amid Supply Glut
US heating oil prices fall to $2.15/gallon, a six-month low, due to supply surplus and easing Russian supply risks.
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US heating oil prices fall to $2.15/gallon, a six-month low, due to supply surplus and easing Russian supply risks.
Gold prices hit $4,320/oz, highest since October, driven by safe-haven demand amid a weakening U.S. economy and rising unemployment.
Oil prices hit lowest since 2021, down 22% YTD, due to oversupply and weak demand, despite some geopolitical tensions.
Copper prices dip as investors reduce risk ahead of US economic data. Current price at $11,568/ton, down 0.8%.
Gold prices stabilize near $4,300 as investors await U.S. jobs data and Fed policy signals amid geopolitical uncertainty.
U.S. crude oil prices fell to $56.6/barrel, the lowest since 2021, due to a global supply glut and weak demand signals from China.
Arabica coffee futures fell to $3.80/pound, lowest since Oct, due to improved supply from Brazil and increased global stocks.
Oil prices rise as geopolitical tensions, especially U.S. actions in Venezuela and Ukraine, overshadow supply concerns.
Gold prices have risen close to $4,320, with a 60% increase since the beginning of the year, as investors await important US economic data.
Silver prices steady at $62.5/oz, up 100% this year due to industrial demand, ETF inflows, and a weaker dollar.
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