Brent Gains for First Time in Three Days on Ukraine; WTI Steady

Brent crude rose for the first time in three days amid speculation that escalating violence in Ukraine may disrupt supplies to Europe from Russia, the world��s largest energy exporter. West Texas Intermediate was steady in New York. Futures gained as much as 0.3 percent in London. Ukraine said it will press on with military operations against pro-Russian separatists after its forces retook Donetsk airport and inflicted œsignificant...

Gold Extends Retreat to 15-Week Low on Improving U.S. Economy

Gold fell to the lowest level in more than 15 weeks as U.S. economic data that beat estimates backed the case for the Federal Reserve to keep on reducing monetary stimulus and on concern demand in China is waning. Bullion for immediate delivery decreased as much as 0.3 percent to $1,261.71 an ounce, the lowest price since Feb. 7, and traded at $1,262.41 by 8:26 a.m. in Singapore, according to Bloomberg generic pricing. The metal sank...

Gold Futures Decline to Two-Week Low as Ukraine Outlook Weighed

Gold fell to a two-week low in New York as investors assessed whether the election of Ukraine��s president will ease tension with Russia, reducing the metal��s appeal as a haven.Ukraine��s President-elect Petro Poroshenko vowed to step up operations to rein in separatists in the east of the country as fighting continued after the weekend election. His victory has relieved the immediate pressure on the U.S. and the European Union to impose...

WTI Oil Falls From Five-Week High on Ample Supply; Brent Steady

West Texas Intermediate crude slipped from a five-week high on speculation that U.S. inventories are sufficient to meet increasing fuel demand. Brent traded near $110 after elections in Ukraine.Futures fell as much as 0.6 percent in New York. U.S. crude supplies rose in April to the highest level since the government began publishing weekly data in 1982 and remain near a record...

Dollar Strengthens After Durable Goods Orders Unexpectedly Gain

The dollar strengthened to almost a one-month high after a report showed U.S. orders for durable goods unexpectedly rose in April.The euro headed for the biggest monthly drop since January versus the U.S. currency after European Central Bank President Mario Draghi signaled yesterday that policy makers are ready to expand stimulus. South Africa��s rand slipped to the weakest level in almost a week as a report showed gross domestic product...