Oil Rebounds as US-Iran Deal Fails to Materialize, Rupee Erases Tuesday’s Gains
Oil prices regained most of Tuesday's losses after hopes for a US-Iran deal failed to materialize, reversing the rally that…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
OPEC+ loses its grip on oil prices as China’s falling imports set the ceiling
OPEC+ has lost much of its grip on oil markets six months into the Iran war, as a blocked Strait…
Silver nears $70.69 as breakout structure targets $72.26 and $74.98
Silver has broken back into a bullish structure, trading near $69.71 after reclaiming its daily equilibrium level. Analysts point to…
UBS raises gold target to $5,400 an ounce, backs de-dollarization trend
UBS has raised its 12-month gold target to $5,400 an ounce, arguing that the shift away from the US dollar…
US diesel stockpiles hit record seasonal low as exports surge
US diesel and heating oil stockpiles fell to a record seasonal low of 103.4 million barrels in the week ending…
