Supertanker Rates Hit $800,000 a Day as Gulf Tensions Escalate
Supertanker rates on the Baltic Exchange's Middle East-to-China route have surged to $800,000 a day after the US destroyed five…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil pulls back from $100 as Hormuz, Red Sea attacks push tanker rates to records
Oil prices pulled back on Friday after a week of sharp gains driven by attacks on shipping near the Strait…
Gold rebounds as hotter U.S. inflation data lifts Fed rate-hike bets
Gold rebounded on Friday after sinking nearly 2% in the previous session, even as hotter U.S. inflation data boosted bets…
Gold Rallies Into a Hawkish Fed Setup as Rate-Hike Odds Near 90%
Gold climbed from an intraday low near $4,300 to around $4,380 after August CPI data strengthened the case for another…
Oil could top $120 a barrel by year-end as Middle East conflict escalates, RBC warns
Crude could climb past $120 a barrel by year-end if fighting in the Middle East keeps escalating, RBC Capital Markets…
