IMF says oil markets have spent all three shock absorbers as U.S.-Iran conflict threatens to restart
The International Monetary Fund says oil markets have used up the three shock absorbers that kept crude prices from setting…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Chinese buyers to re-export first US LNG cargo in a year rather than pay 25% tariff
Chinese buyers who took the first U.S. LNG cargo in more than a year plan to resell it on another…
Gold Holds Near Session Low as Netanyahu Heads to Washington With Iran on the Agenda
Gold started Monday with a gap-up and then traded near the day’s low at $4,076.10, as Israeli Prime Minister Benjamin…
ING expects Bank of England to hold rates unless oil hits $120 and Dutch gas €80
ING Economics expects the Bank of England to leave rates unchanged on July 30 despite rising energy costs, with another…
Saudi Crude Tanker Diverts Through Suez as Houthi Threats Thin Bab el-Mandeb Traffic
Houthi threats in the Red Sea have pushed at least one tanker carrying Saudi crude to Asia off the short…
