CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil and nat gas were both down on the day, on the dollar and inventory reports. And gold was down as traders seem less optimistic about the precious metal.» Read More
The oil price is the foundation for inflation. The NYMEX oil chart shows the next target for oil is near $124. The chart also shows a new pattern of price behavior. This pattern often ends with a sudden price retreat and Osama Bin Laden’s death may be enough to create these conditions.
CNBC's Bertha Coombs with the spotlight on today's commodity mover: silver.
The commodities bull run fueled in recent years by China's breakneck economic growth may be close to an end, according to one expert. But others feel a correction will only be short-lived.
Oil prices have been jumping because of concerns about supply disruptions in the Mideast, but it turns out there is a glut of oil supply in the Midwest.
Brent crude oil, which has historically traded at a discount to the Nymex's West Texas Intermediate (WTI) crude oil grade, has been trading at a premium of over $10 for the past several weeks. It has lead many to ask: why?
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Nat gas was down on the day, but remained above $5. Oil was up slightly on the day. And gold was up, as well.