Russian oil tax price runs 60% above budget assumptions in October
The rouble-denominated price of Russian oil used for tax calculations has averaged about 60% above the federal budget assumption so…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Middle East oil exports return to prewar levels as Brent hits $108.77
Middle Eastern oil exports have returned to prewar levels as shippers use alternative routes around chokepoints such as the Strait…
Ukraine’s drone strikes cut Russian diesel exports by more than 75%
Ukraine's drone strikes on Russian refineries have crippled the country's diesel exports, undercutting a Trump-Putin deal meant to ease surging…
US Crude Inventories Fall 3.1 Million Barrels, Beating Forecasts
US commercial crude stockpiles fell by 3.1 million barrels in the week ending October 16, to 412.5 million barrels, the…
Gold edges up as oil dips ahead of next week’s Fed meeting
Gold edged up on Wednesday and erased earlier losses as lower oil prices eased inflation fears. Traders now look to…
