US Oil Rig Count Holds at 588 as Permian Drilling Climbs
Baker Hughes' weekly count showed the total US oil and gas rig tally unchanged at 588, with oil rigs up…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Iran’s Parliament Weighs Bill to Permanently Ban US, Israeli Ships From Strait of Hormuz
Iran's Parliament is weighing a bill to permanently bar U.S., Israeli and other vessels it deems hostile from the Strait…
Citi raises Q3 2026 Brent forecast to $80 a barrel as Iran talks drag on
Citi raised its third-quarter 2026 average Brent crude forecast to $80 a barrel from $75 previously, pointing to continued back-and-forth…
BP to Acquire Woodside’s Stake in Trinidad and Tobago Calypso Gas Field
BP has agreed to buy Woodside Energy's 70% operating stake in the Calypso gas field offshore Trinidad and Tobago, making…
Oil rises as Strait of Hormuz deal fails to materialize
Oil prices climbed Friday as traders waited for a deal teased by the Trump administration to reopen the Strait of…
