Oil Falls About $1 as Market Pauses Recent Rally
Crude contracts were down about $1 around midday Tuesday after a significant two-week rally, as traders weighed the prospect that U.S.-Iran diplomacy could end the Middle East conflict.
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Crude contracts were down about $1 around midday Tuesday after a significant two-week rally, as traders weighed the prospect that U.S.-Iran diplomacy could end the Middle East conflict.
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.