From Investing.com: 2025-05-08 01:21:00

Commodities market saw red after the Fed kept US interest rates unchanged, overshadowing US-China trade talk optimism. Oil prices initially rallied on trade hopes but fell later due to Fed announcement. US crude inventories down by 2.03m barrels, lowest since March. Jet fuel demand hits seasonal high. China adds more gold to reserves, with central banks buying 17 tonnes in March. Speculators increase net long positions in copper and zinc. Disclaimer: Information provided by ING for informational purposes only.



Read more at Investing.com: Crude Oil Prices Slip as Fed Holds Rates and US-China Trade Talks Begin