Oil prices extend four-day slide as Iran and Oman discuss temporary Hormuz shipping deal
West Texas Intermediate crude fell more than 2% to $80.49 a barrel on Wednesday after Iran and Oman said they…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Slips to $4,692 as Bull Flag Meets Bearish MACD Signal
Gold has pulled back to $4,692.06 on its 5-hour chart after touching a near-term high of $4,755, and the retreat…
WTI Crude Oil Tests $80.37 as 200 SMA and VWAP Converge
WTI crude oil slipped to $80.37 on the 5-hour chart, landing directly on the 200-period simple moving average and the…
Gold and Silver Pause as US Data and Warsh’s Jackson Hole Speech Loom
Gold and Silver are pausing after a sharp rally, with Wednesday's US economic data testing the yield channel that supports…
Oil Falls as U.S. Sanctions on Iran Prove Milder Than Expected, Hormuz Deal Hopes Rise
Oil prices extended their decline on Wednesday as easing fears of Gulf military conflict and progress toward an Iran-Oman deal…
