Crude oil prices retreated to range support amid doubts about the likelihood of an accord to freeze output emerging out of next month’s informal OPEC meeting.
Crude oil prices retreat to range support as OPEC deal hopes cool
Gold prices correct higher as... (full story)
Phil Flynn - The PRICE Futures Group - Mon Aug 29, 8:40AM CDT
Crude oil traders not only have to grapple with the aftermath of Janet Yellen but also with more storms that could impact both supply and demand. This comes after hedge funds, who started the month with a record short position, have now turn around into a record long position. While tropical wave... (full story)