Commodities

The U.S. economy added significantly more jobs than expected in January, offering fresh evidence that the labor market is stabilizing after a prolonged period of weakness—an outcome likely to influence Federal Reserve interest rate decisions later this year. Nonfarm payrolls increased by 130,000 last month, well above economists’ forecasts of …

OPEC on Wednesday projected a decline in global demand for crude from the wider OPEC+ producer group in the second quarter of the year, pointing to a softer seasonal outlook as producers weigh their next supply moves. According to OPEC’s latest monthly oil report, world demand for OPEC+ crude is …

Oil prices climbed on Wednesday, supported by rising geopolitical risk tied to fragile U.S.–Iran negotiations and fresh signs of tightening physical supply, as crude stockpiles declined at key global hubs. Brent crude futures advanced 98 cents, or 1.4%, to $69.78 a barrel by 09:49 GMT, while U.S. West Texas Intermediate …

U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more “natural” level for the currency, arguing that it could help boost American exports and support stronger economic growth. Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years …

Markets jolted late Tuesday after the American Petroleum Institute reported a sharp 13.4 million-barrel build in US crude inventories for the week ending February 6, a dramatic reversal from the previous 11.1 million-barrel draw. The surprise stockpile increase immediately shifted sentiment across energy markets, reviving concerns about excess supply just …

Global markets are entering a decisive moment as investors shift their full attention to the upcoming US Nonfarm Payrolls (NFP) report, widely seen as the most important catalyst for near-term price action across gold, the US dollar, and equities. With positioning stretched and expectations finely balanced, the labor data could …

European equities traded in mixed fashion on Tuesday, as investors weighed a heavy slate of corporate earnings against a backdrop of improving global risk appetite. At 03:05 ET (08:05 GMT), Germany’s DAX slipped 0.2% and the U.K.’s FTSE 100 also edged 0.2% lower, while France’s CAC 40 bucked the trend, …

Oil prices slipped slightly on Tuesday as traders weighed the risk of potential supply disruptions linked to heightened U.S.-Iran tensions, while also digesting fresh developments around sanctions on Russian crude exports. Brent crude futures eased 0.2% to $68.88 a barrel by 08:00 GMT, while U.S. West Texas Intermediate (WTI) crude …

Oil prices rose sharply on Monday after the United States issued an official warning to American-flagged ships to avoid entering Iranian territorial waters, particularly when passing through the Strait of Hormuz and the Gulf of Oman. The warning revived geopolitical concerns in one of the world’s most important energy transit …

Silver prices jumped sharply on Monday, benefiting from a drop in the U.S. Dollar Index to its lowest level in a week, which boosted demand for precious metals. The move was further supported by reports suggesting that foreign investors may be shifting part of their dollar holdings into silver, following …