Oil Rises for Third Day as Iran Vows to Keep Strait of Hormuz Closed
Oil prices climbed for a third straight session after Iran said it would keep the Strait of Hormuz closed 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.
US diesel reserves fall near 23-year lows as crack spread hits record $102
US diesel inventories have dropped near 23-year lows while the front-month NYMEX heating oil/WTI crack spread hit a record $102…
Gold Tests Key Support as Strait of Hormuz Standoff Drags On
Gold is testing key chart support as the Strait of Hormuz remains closed and U.S.-Iran talks stay stalled. Futures traded…
Russia’s oil production falls for sixth straight month as Ukrainian drone strikes hit refineries
Ukrainian long-range drone strikes have knocked out over a million barrels per day of Russian refining capacity, pushing crude production…
Bond yields hit multi-decade highs, lifting gold’s safe-haven appeal
Long-dated bond yields in the US, UK and Japan have climbed to their highest levels since the 2008 financial crisis,…
