Author: Sharon Epperson

Gold prices clawed their way out of bear market territory Thursday, staging a sharp turnaround and posted the biggest one-day gain of the year.   Read More

Gold is basically back to breakeven for the year, and analysts say it could head even lower.    Read More

Traders say weak U.S. ISM services data and other poor economic data from Europe trumps positive U.S. manufacturing data earlier this week and is adding to the pressure on oil prices.    Read More

Palladium raced ahead of all other metals in April. After climbing double digits in the first quarter, platinum and silver futures were down 4 and 5 percent, respectively. Both metals lost ground for the second consecutive month. Copper prices were flat, and gold seems to have lost its luster, posting its third straight monthly decline.    Read More

WTI oil futures have recovered earlier losses to climb to session highs over $104.74 a barrel, after positive data on the U.S. manufacturing sector and a flow of money into commodities at the start the new quarter.    Read More

The looming Iranian oil embargo has heightened the concern of risk to global oil supplies. Meanwhile, energy production in this country is booming.    Read More

Weaker manufacturing data from China and the euro zone weighed on oil prices Thursday. The May 12 West Texas Intermediate futures contract dropped below key support of $104.88, which is the 50 percent retracement of the February rally that took the contract from $98.38 to $110.95.    Read More

Energy analyst Peter Beutel, a frequent guest on CNBC, passed away from a heart last night. He was 56 years old.   Read More

Why are drivers in Fort Collins, Colorado paying a little over $3, while those in Santa Barbara, California are seeing gas prices at $4.33 a gallon?    Read More

The risk premium due to Iran could be contributing as much as $15 to $20 a barrel to global oil prices, according to some experts. But traders warn of more upside risk.   Read More