Oil surges as Houthi strikes and Libya force majeure warning tighten global supply
Oil prices extended their climb Tuesday after Houthi militants renewed strikes on Saudi Arabia and Libya's state oil firm suspended…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Saudi pipeline outage and Houthi attacks push oil prices higher
Oil prices edged higher on Tuesday after Houthi attacks on Saudi Arabia and the shutdown of the kingdom's East-West Pipeline…
Gold Slips Below $4,300 as Oil Surge Lifts Fed Rate Hike Bets
Gold slipped below $4,300 an ounce on Tuesday as surging oil prices stoked inflation fears ahead of the Federal Reserve's…
ADNOC buys millions of barrels of discounted Iraqi crude, sources say
Abu Dhabi National Oil Co. has bought millions of barrels of discounted crude from Iraq's state oil firm, according to…
Gold Slips as Traders Await FOMC’s Dot Plot for Direction
Gold stays under pressure ahead of tomorrow's FOMC decision, with a rate hike already priced in and traders focused instead…
