Pentagon takes 35% equity stake in company holding Venezuela’s oil concessions
The Pentagon has taken a 35% equity stake in North American Blue Energy Partners (NABEP), a private Barbados-based company granted…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Iran and Ukraine conflicts tighten global oil supply, pushing prices higher
Conflicts in Iran and Ukraine are tightening global energy supply, straining crude oil, diesel, gasoline and LNG markets and pushing…
Americans face record $4-a-gallon gasoline prices heading into Labor Day
The U.S. national average gasoline price is on track to top $4 a gallon for the first time ever on…
Jefferies builds new gold model, sees three paths above $5,000
Jefferies has built a new quantitative model for gold that drops real interest rates and the dollar in favor of…
Gold rises to $4,477 as weaker dollar points capital toward emerging markets
Gold has climbed to about $4,477 an ounce as the US Dollar Index slipped to 99.12, a combination analysts say…
