OPEC output falls 900,000 bpd in August as Saudi Arabia’s exports are disrupted
OPEC's collective output dropped by 900,000 barrels per day in August, averaging 19.91 million bpd, as Saudi Arabia's exports were…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Northwest European Gasoline Margins Drop $5.03 as Crude Prices Rise
Northwest European gasoline refining margins fell as crude oil prices rose on Tuesday, squeezing the spread refiners earn on fuel….
Goldman Sachs Sees Brent Crude Hitting $120 if Hormuz Disruptions Persist Through 2027
Goldman Sachs has raised its oil price target, forecasting Brent crude could reach as high as $120 a barrel if…
Oil Nears $100 as Houthi Strikes Hit Saudi Sites and US Strikes Iranian Tankers
Oil prices jumped above $99 a barrel Tuesday, the highest in three months, after Houthi missile and drone strikes hit…
Gold falls as Fed hike bets and oil-fuelled inflation fears weigh
Gold Futures declined 0.6% on Tuesday as rising bets on a Federal Reserve rate hike and oil-driven inflation fears outweighed…
