Oil prices surge as attack on Saudi facility disrupts output

Iran is trying to create an economic crisis by seizing oil tankers: Gen. Jack Keane Fox News’ Ellison Barber and Gen. Jack Keane (Ret.) discuss how Iran claimed that they stole another oil tanker in the Strait of Hormuz. An attack on Saudi Arabia's largest oil processing plant pushed crude prices sharply higher Monday. Continue Reading Below Traders are focusing […]

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Gold and silver on a song

International gold prices touched a six-year high towards the end of June. The prices of gold and silver were on a strong uptrend in June 2019. International gold prices touched a six-year high towards the end of June. After touching a high of $1,443 an ounce, comex gold price has been largely rangebound in the past few days. Gold gained […]

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Why Are Oil Prices Rising and Should Investors Be Worried?

This article was originally published on ETFTrends.com. By: Alex Dryden via Iris.xyz. Brent crude oil prices have risen by 34% in 2019, and U.S. orientated WTI oil price have also rallied significantly, up 39% year-to-date. The main driving factors for higher oil prices in 2019 have been rising geopolitical concerns in places such as the Middle East and Venezuela, causing worry […]

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Battered Copper Prices Might Offer Investment Opportunities According To Analysts

This article was originally published on ETFTrends.com. Copper was the first metal to be worked by people. Copper beads have been excavated in northern Iraq which are more than ten thousand years old, and presumably made from native copper, nuggets of which can sometimes still be uncovered. Most copper today though is used in building construction, power generation and transmission, […]

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Oil prices drop as US stockpiles swell

America’s record production adding to decline in oil prices Vision 4 Fund Distributors Vice President Heather Zumarraga on the outlook for oil prices and the state of the markets. Oil prices dropped on Thursday even though the Trump administration officially ended waivers that had been granted to some nations allowing them to continue importing oil from Iran. Continue Reading Below […]

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Column: Hedge funds bet big on spike in U.S. gasoline prices

LONDON (Reuters) – Hedge funds are betting heavily on higher gasoline prices this summer, anticipating that refiners will struggle to produce enough gasoline to replenish depleted stocks while ramping up diesel output for the shipping industry. Hedge funds and other money managers have accumulated 118 million barrels of bullish long positions in futures and options linked to U.S. gasoline prices […]

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