Red Sea attacks push Bab el-Mandeb closure odds to 23% as insurance doubles
Prediction markets nudged up the odds of a Bab el-Mandeb Strait closure after the IMO condemned recent attacks on Red…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold holds $4,040 support as oil-driven yields blunt its haven bid
Gold slipped overnight to hold near $4,048 an ounce, testing a support band around $4,040 that has held since mid-July….
OPEC+ set to lift September output by 188,000 bpd as Brent tops $100
OPEC+ is expected to raise its September output target by about 188,000 bpd at its August 2 meeting, holding to…
Insurers Cut Premiums as Big Oil Shifts Drilling Away From the Middle East
Global insurers are cutting premiums for upstream oil and gas projects outside the Middle East, while the world's biggest producers…
Gold tests its 200-period moving average near $4,161 as overbought RSI flags pullback risk
Gold surged into its 200-period moving average near $4,161, a level Investing.com marks as major resistance. With the Relative Strength…
