Drone hits gas storage tanker at Egypt’s Damietta port, fire spreads to second vessel
A drone struck a U.S.-owned gas storage tanker at Egypt's Mediterranean port of Damietta on Wednesday, maritime security firm Ambrey…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
U.S. Crude Oil Inventories Fell 7.2 Million Barrels Last Week, More Than Expected
U.S. commercial crude oil inventories fell by 7.2 million barrels in the week ended July 24, against a Wall Street…
Gold Eases a Third Day to Retest $4000 Support Before Fed Decision
Gold eased for a third straight day on Wednesday and retested $4000 support, with a firmer dollar keeping the metal…
Gold futures fall 0.84% as firm dollar and Treasury yields weigh before Fed decision
Gold eased on Wednesday as a stronger U.S. dollar and elevated Treasury yields weighed on prices before the Federal Reserve's…
US Crude Inventories Fall 7.2 Million Barrels as Strikes on Iraq Lift Crude Futures
US crude inventories fell 7.2 million barrels in the week ending July 24, taking commercial stockpiles to 404.5 million barrels,…
