Oil price swings now explain up to 40% of chemical stocks’ daily moves, BofA finds
Bank of America finds that daily swings in crude oil prices now explain a growing share of the daily stock…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Diesel Crisis Threatens to Outlast the Middle East War Even as Crude Stays Under $100
European diesel prices have climbed 70% since the Middle East war began, and diesel in Europe now costs more than…
Iran Threatens to Halt All Persian Gulf Oil Exports, Calls US Support an Act of War
Iran's top security official warned Gulf states on August 22 that supporting US sanctions against Tehran would be treated as…
Super El Niño Threatens Global Food, Water and Trade Supply Chains
The U.S. National Oceanic and Atmospheric Administration puts the odds above 90% that this year's El Niño becomes "very strong,"…
Exxon’s Tengiz Oil Field to Peak Next Year and Decline Nearly 40% by 2035
ExxonMobil has told Kazakhstan that its giant Tengiz oil field will peak next year and then decline nearly 40% by…
