Oil Prices Rise on Hints of OPEC Extending Production Cuts-SapForex24

Crude Oil WTI Futures gained 0.58% to $64.67 a barrel by 5:37 AM ET (9:37 GMT). Brent crude futures, the benchmark for oil prices outside the U.S., rose 22 cents, or 0.32%, to $69.13 a barrel.

In other energy trading, gasoline futures rose 0.40% at $2.0165 a gallon, while heating oil increased 0.30% to $1.9954 a gallon. Natural gas futures slipped 0.27% to $2.613 per million British thermal units.

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Crude Oil Prices Move Lower as Optimism Fades-SapForex24

The U.S. West Texas Intermediate crude April contract was down 20 cents or about 0.32% at $61.84 a barrel

Brent oil for May delivery on the ICE Futures Exchange in London declined 32 cents or about 0.49% to $65.17 a barrel.

Gasoline futures dropped 0.53% to $1.890 a gallon, while natural gas futures were up 0.11% to $2.735 per million British thermal units.

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Gold Prices Edge Higher With All Eyes on U.S. Tariffs-SapForex24

Gold prices edged higher on Thursday, as investors remained cautious ahead of an expected clarification by U.S. President Donald Trump on his proposed tariffs.

Comex gold futures were up 0.11% at $1,329.0 a troy ounce by 0205.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 89.60, just off Wednesday\'s two-week lows of 89.36.

Gold is sensitive to moves in the dollar. A weaker dollar makes gold less expensive for holders of foreign currency.

Elsewhere on the Comex, silver futures gained 0.34% to $16.56 a troy ounce.

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