Major banks raise oil forecasts as Gulf shipping disruptions persist
Major banks including Goldman Sachs have raised their oil price forecasts as shipping disruptions in the Strait of Hormuz continue…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold falls back to $4,300 support as surging oil prices boost Fed rate-hike bets
Gold has slipped back to the major $4,300 support level as surging oil prices push traders toward pricing in a…
IEA warns 2026-27 will be a ‘lost period’ for oil demand growth
The International Energy Agency now expects global oil demand to fall by 2.5mn barrels a day this year, a sharper…
Gold Falls as Inflation Fears and Rising Oil Prices Weigh on the Metal
Gold trades near $4,322 an ounce on Friday after falling almost 2% in the prior session. Hotter producer prices, rising…
Brent Oil retreats from $109.68 peak as WTI fades from $104.44
Brent Oil and Crude Oil WTI have both pulled back sharply after parabolic rallies stalled against heavy selling. Brent trades…
