Saudi Aramco CEO: Refilling Global Oil Stocks Could Take Two Years
Saudi Aramco chief executive Amin Nasser says refilling global crude oil and fuel stockpiles could take up to two years,…
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 Steadies Near $4,152 After Sharp Pullback From $4,225, Eyes $4,125 Support
Gold trades around $4,152 after a sharp rejection from $4,225, holding below its 20-period moving average. Immediate support sits near…
US Pushes Ahead With New 40 Million Barrel SPR Exchange as Reserve Hits 1982 Low
The U.S. Department of Energy has issued a new request for proposal to exchange up to 40 million barrels of…
Gulf oil exports top pre-war levels in September as Hormuz tanker attacks escalate
Gulf oil exporters pushed crude flows above pre-war levels for roughly half of September, led by a Saudi Arabian push…
Gold Rebounds but Strong Dollar, Yields Keep Downside Risks Elevated
Gold bounced modestly after a weak US jobs report but stalled near $4,220 and turned lower again, as a resilient…
