Brent Crude Falls Below $98 as Saudi Arabia Deepens Discounts to Asia
Brent crude fell below $98 a barrel on Tuesday as improving Middle East supply and a deeper Saudi discount to…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Shell CEO Sawan Says Middle East Oil Flows Reach 80% of Prewar Levels
Middle East oil flows have climbed back to about 80% of prewar levels, Shell CEO Wael Sawan said, even as…
Europe gas prices jump as tanker attacks offset rise in Hormuz LNG shipments
European and British wholesale gas prices jumped on Tuesday as tanker attacks in the Persian Gulf and Red Sea outweighed…
Saudi Arabia’s East-West Pipeline Hits 5.8 Million Barrels a Day
Saudi Arabia's East-West Pipeline is carrying 5.8 million barrels of crude oil a day, the kingdom's energy minister said, after…
Gold firms as easing oil prices soothe Fed rate-hike fears
Gold turned higher on Tuesday as easing oil prices and fading Fed rate-hike expectations reduced pressure on policymakers to tighten…
