Oil rebounds as Saudi Arabia restores exports, Strait of Hormuz risk lingers
Oil prices rebounded on Wednesday after Tuesday's sharp selloff, as Saudi Arabia restored crude flows through its East-West Pipeline and…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Russia Extends Diesel Export Ban Through October Amid Refinery Attacks
Russia has extended a ban on most diesel exports through October, tightening global supply just as Northern Hemisphere winter demand…
Gold Holds Steady as Traders Await Key U.S. Inflation Data
Gold edged higher on Wednesday but remained on track for a monthly decline as traders awaited the U.S. core PCE…
Gold Finds a Macro Argument as Fed Tightening Bets Cool
Falling US job openings and cautious remarks from a Federal Reserve official have softened bets on another rate hike, giving…
UK energy price cap forecast to rise to nearly £2,000 as Iran war drives up gas prices
UK household energy bills are forecast to jump sharply in January as natural gas supplies tighten following the Iran war….
