Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities last weekend, "the market mood has shifted to questioning how quickly production can be restored," Manish Raj, chief financial officer at exploration and production firm Velandera Energy Partners, told MarketWatch. "We are familiar with the repair and maintenance processes in oilfield services, and the damages appear to be far worse than what can be restored within a matter of a few days." Saudi...

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Oil prices fell on Tuesday for a second day as rising U.S. output and a strengthening dollar sapped demand for crude, pushing Brent below $69 a barrel for the first time in six days. Brent crude futures, the global benchmark, had declined 49 cents, or 0.7 percent, to $68.97 a barrel by 0522 GMT, after earlier dropping as low as $68.91. The contract for March delivery settled down $1.06, or 1.5...

The yen advanced against all of its Group-of-10 peers as a stock selloff prompts risk aversion. The dollar held near a three-year low as traders await President Donald Trump's State of the Union address. USD/JPY falls 0.2% to 108.72, reversing from an advance of 0.2% Bloomberg Dollar Spot Index steady after rising as much as 0.5% Monday, its biggest one-day advance since Oct....

Gold holds decline after yield on benchmark Treasuries touches highest level since 2014 and dollar nudges higher ahead of Federal Reserve policy-setting meeting and U.S. jobs data this week. Bullion for immediate delivery flat at $1,340.10/oz at 10:07am in Singapore: Bloomberg generic pricing. This metal closed 0.7% lower on Monday, its lowest level in a week. Bloomberg Dollar...

The dollar traded above a recent three-year low against a basket of major currencies on Tuesday, having drawn some support from a rise in U.S. bond yields as traders awaited a U.S. Federal Reserve policy meeting for fresh catalysts. The dollar edged up 0.1 percent against a basket of six major currencies to 89.392, having pulled up from a low of around 88.43 set last week, its weakest level...

Oil held losses below $66 a barrel as U.S. crude inventories were seen expanding for the first time in 11 weeks, ending the longest run of declines in weekly data since 1982. Futures in New York were little changed after sliding 0.9 percent Monday. U.S. crude inventories probably rose by 800,000 barrels last week, according to a Bloomberg survey before Energy Information...

PRECIOUS METALS
Gold Futures Score First Weekly Gain in a Month
Saturday, 21 September 2019 01:24 WIB Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for...
ENERGY
U.S. Oil Prices Up 6% For The Week, Biggest Weekly Gain in 3 Months
Saturday, 21 September 2019 02:17 WIB Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the...
CURRENCIES
Dollar gives up post Fed gains, sterling hits two-month high
Friday, 20 September 2019 15:18 WIB The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and...

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