Crude oil has recovered above the $86 figure while gold and silver have extended gains amid a broad recovery in risky assets. US stock index futures hint more of the same may be ahead.

Commodities - Energy

Crude Oil Recovers From Fib Support on Risk Appetite

Crude Oil (WTI) $86.18 +$0.79 +0.93%
Prices reversed lower from the $87 figure to find support at $84.93, the 23.6% Fibonacci retracement of the 03/22 - 04/05 advance, and...

Crude oil, gold and silver may decline if the US Federal Reserve signals that policy makers are getting closer to raising benchmark interest rates at the upcoming FOMC monetary policy announcement.

Commodities - Energy

Oil Breaks Support, May Extend Decline on FOMC Outcome

Crude Oil (WTI) $79.65 -$0.15 -0.19%
Prices have slipped below support at $80.28 and overcome the $80 figure, leaving the door open for a move lower to $77.53....

Oil and gold prices may decline amid expectations for a sharp increase in borrowing costs as the US Treasury’s monthly budget statement shows the largest monthly shortfall since records began nearly 33 years ago.

Commodities - Energy

Oil May Break Support as Monthly US Deficit Hits Record

Crude Oil (WTI) $81.25 -$0.24 -0.29%

Prices have pulled back from resistance at $82.23 to find support at a rising trend line established...