UK approves Jackdaw gasfield in North Sea as Rosebank decision looms
The UK government has approved the Jackdaw gasfield in the North Sea. Ministers say it will add to gas supply…
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 six-month highs as WTI stays nearly 80% above year-ago level
Oil prices closed lower on Tuesday after Brent and WTI futures touched fresh six-month peaks. The reversal also pushed longer-dated…
Energy Costs Drive U.S. Inflation to 3.7% as Wages Fall Behind
U.S. consumer prices rose 3.7% over the 12 months through September, with gasoline up 34.2% and fuel oil up 74.2%….
Norway’s Gas Production Falls 12.6% in September as Europe Heads Into Winter
Norway's gas production fell 12.6% in September from August, according to preliminary figures from the Norwegian Offshore Directorate. The drop…
Chevron Secures Exclusive Rights to Take Over Iraq’s West Qurna 2 Oil Field From Lukoil
Chevron has secured one year of exclusive negotiation rights to take over operatorship of Iraq's West Qurna 2 oil field…
