Goldman raises oil price forecasts as Iran threatens Gulf energy infrastructure
Goldman Sachs raised its Brent and WTI price forecasts by $5 a barrel, expecting Middle East shipping disruptions to persist…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
China’s crude oil imports rise 6.2% in August despite higher prices
Crude oil imports into China rose 6.2% in August despite higher global prices, as refiners increased purchases from the Persian…
Brent Crude Nears $100 a Barrel After Houthi Attacks on Saudi Energy Sites
Brent crude climbed back above $98 a barrel this week, its highest level since 24 July, after Houthi attacks wounded…
UBS still frames gold as a portfolio hedge despite a more hawkish Fed
UBS says a more hawkish Federal Reserve and a stronger dollar are near-term headwinds for gold, but the bank still…
Washington’s Venezuela Oil Deal Grants Century-Long Access to 65 Billion Barrels
The U.S. and Venezuela's interim government have signed a deal giving a U.S.-controlled private entity access to 65 billion barrels…
