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Rising OPEC Oil Production Hurt Prices

Crude oil sank more than 2% today on the forecast that supply from the Organization of Petroleum Exporting Countries is going to increase. Petro-Logistics

Gold Poised for Second Straight Weekly Gain as US Dollar Slides

Gold futures are on track for their second straight week of gains as the US dollar continues to slide. With the greenback trading at its lowest levels in more …

Orange Juice Futures Pare Losses as Weather Threat Dissipates

Orange juice futures are paring Wednesday’s losses after industry experts say that weather threats that could impact Florida’s crop are …

Bitcoin Multi-Fork and News

Bitcoin has in the past few days, formed a clear reverse head and shoulders pattern, that finally ended in a spike up to the new Bitstamp weekly high …

Gold & Silver Flat, Other Metals Post Losses

Gold and silver were basically flat today, while such metals as platinum, palladium, and copper fell. The market of metals was under pressure as economic

Oil Rallies as US Crude, Gasoline Stockpiles Fall, Beat Expectations

Oil futures are rising on Wednesday after new government data show US crude and gasoline stockpiles tumbled, beating analysts’ expectations. Thanks to the third …

Bitcoin Crash and Recovery, Weekly Recap

Bitcoin has been in free-fall for most of the past week. Regardless, a minor recovery is underway, even amid the looming bitcoin fork and community division

Copper Rallies on Traders Expecting Global Deficit to Worsen

Copper futures are trading in green territory for the second straight session as investors expect the red metal’s global deficit to worsen by the end of the year. With work …

Solid Economic Growth in China Promises Robust Demand for Copper

Copper prices surged more than 1% today thanks to positive economic data from China, the world’s top consumer of the industrial metal. Gross domestic …

Gold Rallies on Investors Revisiting Interest Rate Hike Expectations

Gold futures are rallying to kick off the trading week as investors are taking another look at expectations of the US central bank raising interest rates

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