financetom
Market
financetom
/
Market
/
Commodity Corner: Crude prices decline after 8% jump in last four days
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Commodity Corner: Crude prices decline after 8% jump in last four days
Apr 13, 2018 2:52 AM

Commodity Corner by Manisha Gupta guides you through the most important trades in commodities, takes a first-hand look at how these markets are moving and what is at stake for investors.

There is a bit of decline seen in the crude oil prices after four days of gain and 8 percent jump up in the last four days. Middle East tensions and the strength in equity market, the weakness in US dollar, all of that has been supportive for the prices.

However, geopolitical concerns still stay on and the experts believe it could continue for next couple of weeks as well. So the $70 per barrel is level that is here to stay at least for some more time.

Metals are moving as per their fundamentals. Aluminium prices gained nearly 3 percent whereas zinc prices declined 4 percent opening 1 percent on the lower side in the Asian market.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Financial Stocks Edge Higher Premarket Thursday
Sector Update: Financial Stocks Edge Higher Premarket Thursday
Oct 23, 2025
09:27 AM EDT, 10/23/2025 (MT Newswires) -- Financial stocks were edging higher premarket Thursday, with the Financial Select Sector SPDR Fund (XLF) advancing by 0.2%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower. Lloyds Banking Group ( LYG )...
Sector Update: Tech Stocks Mixed Premarket Thursday
Sector Update: Tech Stocks Mixed Premarket Thursday
Oct 23, 2025
09:14 AM EDT, 10/23/2025 (MT Newswires) -- Technology stocks were mixed premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) 0.4% higher. Roper Technologies ( ROP ) stock was down more than 5% after the company issued guidance for Q4 adjusted earnings per share below analysts' expectations. STMicroelectronics...
Sector Update: Energy Stocks Rise Pre-Bell Thursday
Sector Update: Energy Stocks Rise Pre-Bell Thursday
Oct 23, 2025
09:29 AM EDT, 10/23/2025 (MT Newswires) -- Energy stocks were rising pre-bell Thursday, with The Energy Select Sector SPDR Fund ( XLE ) 1.9% higher. The United States Oil Fund ( USO ) was up 4.2% and the United States Natural Gas Fund ( UNG ) was 0.4% lower. Front-month US West Texas Intermediate crude oil was 5.9% higher at...
Sector Update: Health Care Stocks Mixed Pre-Bell Thursday
Sector Update: Health Care Stocks Mixed Pre-Bell Thursday
Oct 23, 2025
09:19 AM EDT, 10/23/2025 (MT Newswires) -- Health care stocks were mixed pre-bell Thursday, with The Health Care Select Sector SPDR Fund ( XLV ) declining by 0.3% and the iShares Biotechnology ETF (IBB) up 0.6%. West Pharmaceutical Services ( WST ) stock was up more than 7% after the company posted higher Q3 non-GAAP earnings and net sales in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved