WTI Crude Consolidates Above $89.29 Support as Bears Eye $94-$95.50 Zone
Crude Oil WTI is consolidating above its 200-period simple moving average near $89.29, with price trading close to $90.57 on…
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 stalls at key support after steep drop from $4,755
Gold is pinned at $4,182.95 on the five-hour chart, caught between support at $4,143 and resistance at $4,276 after a…
Crude oil exports through the Strait of Hormuz hit prewar levels, but fuel shipments remain constrained
Crude oil flows through the Strait of Hormuz have returned to prewar levels as U.S. military escorts and rerouted pipelines…
Guyana’s Oil Boom Drives World’s Fastest Economic Growth
Guyana's crude output has passed 900,000 barrels per day and could top one million bpd by year-end, according to the…
Pemex Crude Exports Drop 45% in August as Refining Ramps Up
Pemex's crude oil exports dropped 45% in August from a year earlier as the state-owned company redirected more crude to…
