Articles by Rebecca Torres
Silver Retreats 3% Ahead of Key U.S. Economic Data, Supply Deficit Looms
Spot silver fell over 3% Tuesday as traders brace for upcoming U.S. jobs and inflation reports. The Silver Institute forecasts a sixth consecutive annual supply deficit for 2026.
Chevron Shares Dip as Tengiz Output Recovers, Geopolitical Tensions Linger
Chevron shares edged lower as the Tengiz oilfield, a major global supply source, recovered to 60% of peak output following January disruptions. Oil prices remained steady amid geopolitical uncertainty.
Exxon Retreats from 52-Week Peak as Oil Prices Stabilize Ahead of Key Data
Exxon Mobil shares pulled back 0.5% after reaching a fresh 52-week high, with oil prices steady as traders await U.S. inventory figures and economic reports. The energy sector remains sensitive to geopolitical tensions and demand outlook.
Gold Retreats as Dollar Firms, Equities Rise; Traders Eye U.S. Jobs, Inflation Data
Gold prices declined on Tuesday, pressured by a stronger U.S. dollar and improved risk sentiment in equity markets. Market focus now shifts to upcoming U.S. employment and consumer price reports for clues on the Federal Reserve's interest rate path.
Natural Gas Futures Extend Slide on Warm Weather, Williams Gains on Upbeat Outlook
U.S. natural gas futures fell for a second session as mild forecasts dampened demand. Williams Companies shares climbed after the pipeline operator raised its 2026 profit forecast and dividend.
Silver Retreats Near $82 as Traders Await U.S. Jobs, Inflation Data
Silver prices declined about 1.5% to $82.03 an ounce Tuesday, with the iShares Silver Trust ETF falling 2.3%, as markets braced for key U.S. employment and consumer price reports later this week.
Gold Holds Above $5,000 as Traders Await Key U.S. Economic Data
Gold prices eased slightly but remained above the $5,000 per ounce threshold as investors awaited U.S. retail sales, jobs, and inflation reports. The precious metal remains volatile after recent record highs.
Lithium Prices Steady Amid Sluggish Chinese Demand; Miners Secure Floor-Price Contracts
Spot lithium carbonate prices in China held near 136,000 yuan per ton as buying activity slowed. Australian miner PLS Group signed a two-year supply deal with Canmax Technologies featuring a $1,000 per ton floor price.
Oil Prices Dip Amid Strait of Hormuz Tensions, Traders Await U.S. Inventory Data
Brent crude declined 0.35% to $68.80 per barrel as geopolitical risks in the Strait of Hormuz persisted. Market participants are focused on upcoming U.S. stockpile figures and developments regarding Iran and EU sanctions.
Heating Oil Futures Dip as Geopolitical Tensions Ease, Traders Eye Inventory Data
NYMEX heating oil futures declined 0.7% to $2.3996 per gallon, tracking a pullback in crude oil. Market focus shifts to Wednesday's U.S. distillate inventory report for direction.
Gasoline Futures Gain Amid Geopolitical Tensions, Traders Eye Inventory Data
RBOB gasoline futures rose over 1% as U.S.-Iran tensions near the Strait of Hormuz kept traders cautious. The national average pump price increased to $2.921 per gallon.
Oil Prices Retreat as Hormuz Tensions Offset by Supply Resilience
Brent crude edged lower Tuesday, paring gains from a geopolitical risk rally sparked by U.S. warnings near Iran. Market focus shifts to inventory data and OPEC's monthly report.