UAE’s Adnoc reports two vessels attacked in Hormuz as oil prices fall
ADNOC says two of its vessels came under attack in the Strait of Hormuz, yet oil prices fell on Thursday…
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 Pulls Back From Two-Month High as Soft PPI Data Cools Fed Rate-Hike Bets
Gold slipped on Thursday after touching a fresh two-month high earlier in the session, as traders booked profits following a…
Gold Chops in $4,380-$4,480 Range After Parabolic Run Stalls
Gold is trading at $4,404.82 on the five-hour chart, stuck between $4,380 and $4,480 after a bearish engulfing candle capped…
Oil settles down more than 2% on weak demand outlook and hefty US crude build
Oil settled down more than 2% on Thursday as OPEC and the IEA cut their demand forecasts and US crude…
Russia’s Diesel Exports Crash to Multiyear Low as Drone Strikes Squeeze Refiners
Russia's diesel and gasoil exports crashed to just 80,000 barrels per day in the first week of August, a multiyear…
