Refining bottlenecks push diesel and gasoline prices to records as Middle East attacks escalate
Global refining capacity has slipped to about 80 million barrels of fuel a day, down from a typical 86 million…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Brent Crude Breaks Above $100 as Middle East Conflict Escalates
Brent crude broke above $100 a barrel for the first time since July 24 after Iran-backed Houthis struck Saudi energy…
Brent Crude Tops $100 a Barrel as HSBC Raises Oil Price Forecasts
Brent crude broke above $100 a barrel on Wednesday for the first time in six weeks as fighting between U.S….
China’s oil demand to fall 8.9% in 2026 as Sinopec sees peak behind it
China's oil demand will drop 8.9% in 2026, Sinopec's research arm says, citing high crude prices and rising electric-vehicle use….
Gold Slips Then Rebounds as U.S. Destroys Five Iranian Oil Tankers
Gold's December futures opened at $4,399 per troy ounce on Wednesday, September 9, 2026, down 0.9% from Tuesday's close, after…
