Oil jumps as U.S. reinstates Strait of Hormuz blockade and imposes 20% cargo fee
President Trump said the U.S. will reinstate its naval blockade of the Strait of Hormuz and charge a 20% fee…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Natural Gas Futures Slip to $2.894 at Midday as Production Climbs and LNG Exports Ease
August natural gas futures fell 4.6 cents to $2.894/MMBtu by midday Monday as rising production and softer LNG export volumes…
Gold slides below $4,100 as Gulf strikes return, but central banks keep buying
Gold and silver reversed sharply after renewed Iran-US strikes in the Gulf, with gold falling back below $4,100/oz. Central banks…
Chesapeake plans $1.2 billion Florida gas pipeline to expand South Florida capacity
Chesapeake Utilities and subsidiary Peninsula Pipeline Co. have announced the Florida Energy Pathway, a proposed $1.2 billion intrastate natural gas…
Gold Sinks Toward $4,000 as Trump’s Hormuz Levy Lifts Crude Ahead of US Inflation Data
Gold sank toward $4,000 an ounce on Monday after President Trump announced a 20% levy on ships crossing the Strait…
