US-Backed Venezuela Oil Revival Could Require Over $100 Billion in Investment
A U.S.-brokered deal for NABEP to develop 17 Venezuelan oil fields could involve $100 billion in investment, though Rystad Energy…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil rebounds over 1% after Trump rejects Iran peace deal
Oil prices rebounded more than 1% on Monday after President Trump rejected an Iran peace deal aimed at reopening the…
Waltz calls Iran’s Hormuz ceasefire offer a cynical bid for upfront concessions
US envoy Mike Waltz says Trump rejected Iran's latest Hormuz ceasefire offer because Tehran wanted sanctions relief and frozen assets…
Iran holds firm on Hormuz diplomacy as unverified missile strike raises oil risk
Oil carries a fresh risk premium into the new week after Iran's Fars News agency reported a cruise missile strike…
UK minister warns of significant concern over potential US diesel export ban
UK Business Minister Jonathan Reynolds has voiced significant concern over a potential U.S. ban on diesel exports, a measure reportedly…
