Oil Bounces Off Lows After Iran Cites Hormuz Revenue Deal With Oman
Oil pared early losses on Wednesday after Iran's Revolutionary Guard said Tehran and Oman had agreed to share revenue from…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold slips as traders weigh firmer PCE inflation and Warsh’s Jackson Hole debut
Gold edged lower on Wednesday as traders digested a firmer-than-expected headline PCE inflation reading and looked ahead to Fed Chair…
India’s Russian Oil Imports Slide From Record High as Supply Tightens
India's imports of Russian crude oil are set to decline to about 2 million barrels per day in August, down…
Oil prices drop as Brent falls 2.5% and WTI slides below $81 on Hormuz deal hopes
Oil prices fell sharply on Wednesday as easing fears of Gulf military conflict and talk of an Iran-Oman deal over…
Gold pulls back below $4,700 after early rally to $4,730.90
Gold futures opened above $4,700 for a second straight day on Wednesday before slipping back under that level. The metal…
