Aramco routes Saudi crude to China through ship-to-ship transfers outside Hormuz
Saudi Aramco is routing more crude oil to Asia through ship-to-ship transfers outside the Strait of Hormuz rather than sending…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil Drops as Iran and Oman Advance Temporary Hormuz Shipping Corridor
Brent crude fell for a third straight session as Iran and Oman advanced a temporary shipping corridor through the Strait…
Russia’s petroleum output falls 19.3% in July as drone strikes hit refineries
Russia's output of petroleum products and coke fell 19.3% year-on-year in July, Rosstat data showed, a smaller drop than June's…
Europe turns to Mexican diesel for first time in seven years as supply crisis deepens
Europe is importing diesel from Mexico for the first time in seven years as Russian and Middle Eastern supply collapses….
Bitcoin and gold ETFs draw $7 billion combined inflows amid fiscal concerns
Bitcoin and gold ETFs attracted a combined $7 billion in inflows as investors sought perceived safe havens amid growing fiscal…
