Saudi Arabia’s Oil Windfall Narrows Budget Deficit as War Cuts Output
Saudi Arabia's second-quarter budget deficit shrank by nearly three-quarters, as a jump in oil revenue offset a war-driven drop in…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
BCA Research says time to buy gold as near-term headwinds fade
BCA Research told clients that gold's selloff is running out of steam and that its near-term headwinds are fading, making…
WTI crude climbs 2.1% to $85.37 as Hormuz tanker traffic edges higher
West Texas Intermediate crude climbed 2.1% to $85.37 a barrel on Friday and Brent added 1.6% to $90.46, with both…
Gold Slips 1.2% but Set for First Monthly Gain Since February
Gold fell 1.2% on Friday to $4,054.20 an ounce as traders recalibrated Federal Reserve rate expectations following this week's meeting,…
Hormuz Diplomacy Collapses, Sending Oil Into a Sharp Weekly Whipsaw
September WTI crude fell to $84.12 late Thursday, down $6.35, or 7.02%, for the week, after a diplomatic push to…
