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WTI crude expected to decline as US stock supply rise
West Texas Intermediate crude futures may fall this week on concern that inventories will rise amid weak demand, a Bloomberg survey showed.
Brent crude rises for first time in 4 days
Brent crude advanced after a three-day decline on signs that demand is strengthening as the economic recovery takes root in developed nations. Brent for March settlement climbed as much as $1.14 to $107.49 a barrel on the London-based ICE Futures Europe exchange and was at $107.43 as of 10:40am local time.
Gold falls 1% on stronger dollar, Fed speculation
Gold fell one per cent on Tuesday, dragged down by firmer equities and a stronger dollar after renewed talk that the US Federal Reserve may announce a further cut in its bond-buying programme at its meeting next week.
London gold fix to face overhaul amid scrutiny
Banks are considering an overhaul of London’s century-old gold benchmark used by miners, jewellers and central banks to buy, sell and value the precious metal, according to a person with knowledge of the process.
Oil falls below $107 on Iran nuclear deal
Oil fell below $107 a barrel on Monday after six major powers struck a fresh six-month deal with Iran to curb its nuclear programme.
Gold steady after rally to 1-month high
Gold steadied on Monday off an earlier one-month high, with a rally sparked by last eek’s weak US jobs data running out of steam as analysts predicted the Federal Reserve will continue tapering monetary stimulus.
SNB expects $10b loss as gold plunges
Switzerland’s central bank will scrap its annual payment to the government for 2013 after a gold-price decline caused a loss of 9 billion francs ($10 billion.)
Singh said to seek record Coal India dividend
India is seeking a record dividend of Rs150 billion ($2.4 billion) from Coal India Ltd, the world’s largest producer, to raise funds to help meet a budget-deficit target, said two Finance Ministry officials with direct knowledge of the matter.
Gold notches biggest annual loss in three decades
The market rebounded almost as quickly after prices hit six-month lows.
WTI crude slides below $100 a barrel
West Texas Intermediate crude slipped below $100 a barrel on speculation prices rose more than justified last week and as US inventories neared a record high for this time of the year.
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