Oil chiefs skip Riyadh energy congress after Houthi airport strike kills 12
Several senior international oil executives called off plans to attend the World Petroleum Council's energy congress in Riyadh after a…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
North Sea Oil Producers Urge Burnham to Replace Windfall Tax With Price-Triggered Levy
North Sea producers want Prime Minister Andy Burnham to replace the Energy Profits Levy with a levy triggered only when…
China Adds 23 Tonnes of Gold in September, Extending Buying Streak to 23 Months
China's central bank added about 23 tonnes of gold in September, its 23rd straight month of buying. Gold slipped to…
IEA Releases Another 100 Million Barrels as U.S. Oil Reserve Hits Lowest Level Since 1983
The International Energy Agency will release another 100 million barrels of diesel, gasoline and crude oil, but global inventories keep…
Supertanker Rates Hit Record $1.4 Million a Day as Oil Crisis Becomes Shipping Crisis
Supertanker rates on the Persian Gulf to East Asia route topped $1.4 million per day this week, a record. Ship-to-ship…
