Saudi Arabia routes more crude through Egypt’s Mediterranean coast to reach Asian buyers
Saudi Arabia is sending more of its crude north to the Mediterranean, where loadings at the Egyptian port of Sidi…
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 climbs 5% after Iran rejects Oman’s Strait of Hormuz proposal
Iran turned down Oman's proposal for joint management of the Strait of Hormuz, and oil prices climbed 5% on 29…
Gold pinned near $4,000 as futures market prices 1-in-3 odds of a Fed hike
Gold is under pressure near $4,000 an ounce ahead of the Fed's July decision, with the futures market putting the…
Oil Jumps More Than 4% After U.S. and Saudi Strikes in Iraq and Intercepted Iranian Missile Attack
Oil prices jumped more than 4% on Wednesday after the United States and Saudi Arabia struck Iran-backed groups in Iraq…
Brent crude jumps 3.8% to $87.26 after Iran fires missiles at US forces
Brent crude rose 3.8% to $87.26 a barrel after Iran fired ballistic missiles at US forces in the Middle East,…
