Commodities

European equities edged lower on Friday, trimming a broadly positive week as investors digested softer global growth signals and a pared probability of another U.S. Federal Reserve rate cut this year. At 08:10 GMT, Germany’s DAX fell 0.4%, France’s CAC 40 0.5%, and the U.K.’s FTSE 100 1.1%. Even so, …

Crude prices surged in Asian trade Friday after reports that a Ukrainian drone strike damaged infrastructure at Novorossiysk, a key Russian Black Sea export hub, adding a fresh supply-risk premium just as markets brace for new U.S. sanctions on Moscow’s largest oil firms. At 03:03 GMT, Brent January futures rose …

Gold rose for a third session on Thursday as investors weighed the formal end of the United States’ record 43-day government shutdown against lingering uncertainty about the economic outlook and the Federal Reserve’s next move. At 12:55 GMT, spot gold was up 1.1% to $4,242.09/oz, while December futures added 0.8% …

Russian energy giant Lukoil is seeking an extension to a critical deadline imposed by the U.S. Treasury Department. According to sources familiar with the matter, the company has filed for a grace period extension beyond the November 21 cut-off, after which U.S. entities will be prohibited from engaging in transactions …

On Wednesday, the U.S. House of Representatives voted to advance a bill aimed at reopening the federal government, marking a significant step toward resolving the crisis that has halted government operations for 43 days.The legislation seeks to fund federal agencies and restore normal operations after the shutdown delayed key economic …

Global financial markets are holding a risk-on stance as investors anticipate a crucial vote in the US House of Representatives. The expected vote during the overnight session aims to pass a short-term funding solution to re-open the US government. This move is putting continued downward pressure on the US Dollar …

Gold continued its remarkable ascent on Wednesday, soaring to $4,189.27 per ounce, a gain of 1.52%, as investors sought safety and stability ahead of a critical vote in the U.S. Congress to end the nation’s record-long government shutdown. The surge underscores gold’s renewed appeal as both a safe-haven asset and …

Oil prices edged lower in Asian trading Wednesday, with fragile support from signs Washington is poised to end the longest U.S. government shutdown on record outweighed by persistent fears of a looming supply glut and a resilient dollar. By 01:21 GMT, Brent January futures were down 0.2% to $65.04/bbl, while …

European equities extended gains Wednesday, buoyed by signs Washington is close to ending the record U.S. government shutdown and by a steady stream of supportive corporate updates. By 08:10 GMT, Germany’s DAX rose 0.8%, France’s CAC 40 0.5%, and the U.K.’s FTSE 100 0.2%. Macro backdrop: shutdown optimism, cooler German …

Oil prices rose on Tuesday, recovering from recent declines as optimism about global demand returned and concerns over slowing growth began to ease. The energy market found support from expectations that consumption will remain steady through the coming months, especially as winter demand picks up across major economies.West Texas Intermediate …