Singapore Opens a 500-Ton Sovereign Gold Vault to Foreign Central Banks
Singapore's monetary authority has opened its national currency vault, with room for 500 tons of bullion, to foreign central banks…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Heating oil prices jump 59% from a year ago, straining Maine households
Heating oil costs roughly $5.91 a gallon nationally, up 59% from a year earlier, according to the U.S. Energy Information…
Goldman Sachs cuts 2027 gold forecast to $4,650 an ounce on Fed hike outlook
Goldman Sachs lowered its end-2027 gold forecast to $4,650 an ounce from $4,800. The bank expects further Federal Reserve rate…
Iran Drafts Budget Assuming Zero Oil Revenue as Kpler Sees Exports Drying Up by Mid-December
Iran is drafting next year's budget on the premise that oil revenue could fall to zero. Kpler expects crude export…
Crude glut is coming, but diesel prices are not expected to fall with it
Global oil supply is expected to soon exceed need, for the first time since the Iran war began in February….
