US to Loan Nearly a Third of Heating Oil Reserve to Tame Prices
The Department of Energy is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil…
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 rises as Mideast tensions and a U.S. inventory draw tighten supply
Oil prices rose on Wednesday as Middle East tensions kept supply worries alive. A larger-than-expected draw in U.S. inventories added…
Gold Slips to 4130.10 as a Weaker US Dollar Fails to Lift It
Gold is struggling even as the US dollar slides toward a potentially important bearish confirmation. Sellers pushed gold to 4130.10…
Gold Futures Hover at $4,122.54 Pivotal Point as Oil Futures Stay Near Highs
Gold futures are trading in a narrow range just at a pivotal point of $4,122.54. A breakdown below it could…
Oil climbs as Hormuz tanker attacks and Houthi strikes on Saudi sites unsettle markets
Oil prices rose on Wednesday as attacks on tankers near the Strait of Hormuz and on Saudi energy facilities kept…
