Brent Crude Tops $106 as US Destroys Five Iranian Tankers
Brent crude climbed to $106.83 a barrel on Thursday, its highest level since May 19, after U.S. Central Command said…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Saudi Aramco fuel tank fire near Riyadh airport follows overnight Houthi danger alerts
Saudi Arabia issued an all-clear over Riyadh on Saturday after residents heard booms and watched black smoke rise near King…
Supertanker shortage threatens global oil flow as freight costs hit record levels
A supertanker shortage is pushing freight costs for very large crude carriers to record levels, making some long-haul oil shipments…
Oil Prices Snap Two-Week Rally as Iran Diplomacy Eases Supply Fears
Oil prices fell for a third straight day Friday, ending a two-week rally that had lifted crude nearly 20%. Easing…
Gold Posts Slight Weekly Gain as Falling Oil Offsets Fed Rate Hike
Gold edged higher on Friday as a weaker dollar and a third straight drop in oil prices offset pressure from…
